Establishes Medicaid Managed Care Organization Oversight Program.

This bill establishes a new Medicaid Managed Care Organization (MCO) Oversight Program within New Jersey's Department of Human Services. It directly affects Medicaid and NJ FamilyCare enrollees (approximately 1.5 million people), the five health plans contracted to provide their care (MCO contractors), and the state agency managing the program. Key provisions require MCOs to submit quarterly provider and beneficiary data, verify 20% of provider information annually for accuracy, confirm all providers in public directories are Medicaid-eligible, and report provider claim inactivity. The program can impose fines of $50,000 per violation and bar non-compliant MCOs from participating, with annual reports to the Legislature.