Concerns carrier networks and health care providers in which carrier has financial interest.

This bill requires New Jersey health insurance carriers to prove their provider networks meet state adequacy standards without counting doctors or hospitals they financially benefit from. It defines "financial interest" as owning over 5% of a provider, holding management roles (except unpaid non-profit positions), or having parent companies that own both the insurer and provider. The Commissioner of Banking and Insurance must verify this before approving network adequacy for managed care plans. The law directly affects all health insurance carriers operating in New Jersey that manage provider networks.