S 2558 New Jersey Senate · 2024-2025 Regular Session

Included self-insured entities and plans under certain provisions of "New Jersey Insurance Fraud Prevention Act."

This bill expands New Jersey's Insurance Fraud Prevention Act to include self-insured entities and plans, which are organizations that pay for their own insurance claims rather than using traditional insurance companies. It makes it illegal to present false or misleading information in connection with claims under self-insured plans, including concealing events that affect benefit entitlements. Self-insured entities that suffer losses due to fraud can now sue for compensatory damages, including investigation costs and attorney fees. The bill also clarifies that self-insured entities can access relevant documents related to fraud investigations under certain conditions.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 8, 2024 Last action Feb 8, 2024
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Feb 8, 2024
Introduced
Introduced in the Senate, Referred to Senate Commerce Committee
upper
1 primary · 0 co-sponsors

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Role
Legislator
Party
State
District
P
Photo of Bob Singer
Bob Singer
RRepublican
NJ
30