Creates Health Care Cost Containment Commission; appropriates $5 million.

This bill establishes the Health Care Cost Containment Commission within New Jersey's Department of Health to address rising health care costs. The commission, composed of 15 members representing diverse stakeholders (including hospitals, insurers, consumer advocates, and government), will analyze health care spending trends, set annual cost growth benchmarks for providers, and identify facilities exceeding these benchmarks. It requires the commission to submit annual reports with data, benchmarks, and recommendations to lower costs, with the goal of reducing per capita health spending growth and lowering consumer premiums and out-of-pocket costs. The state appropriates $5 million from the General Fund to fund the commission's operations. This directly affects health care facilities, insurers, and New Jersey residents through potential pricing adjustments and policy changes.