Requires health insurance carriers to reimburse health care providers for vaccines at rate no less than CDC cost per dose rate.

This bill (S 4067) requires New Jersey health insurance companies and other carriers (like HMOs) to reimburse healthcare providers for vaccines at a rate no lower than the Centers for Disease Control and Prevention's (CDC) current per-dose cost. It directly affects insurers and providers who administer vaccines, ensuring providers are paid at least the CDC's contracted rate for each vaccine dose administered. The law sets a specific minimum reimbursement rate based on the CDC's published price list, updated as of the date the vaccine was provided. This policy change applies to new or renewed insurance contracts starting 13 months after the bill's enactment.