Requires health insurance carriers to provide coverage for hospitalizations resulting from coronavirus disease 2019 without imposing cost-sharing requirements.

This bill requires health insurance companies (called "carriers") in New Jersey to cover all hospitalization costs for patients diagnosed with COVID-19, without charging deductibles, copays, or coinsurance. It directly affects insured residents hospitalized due to coronavirus, ensuring they face no out-of-pocket costs for this specific treatment. The law applies to all health insurance plans issued or renewed in New Jersey after its effective date, including state-run programs like the State Health Benefits Program. Key provisions mandate that insurers cover these hospitalization expenses in full, removing financial barriers during treatment. The bill takes effect immediately upon enactment for new or renewed health plans.