New Jersey § 26:2s-17

§ 26:2s-17.

The commissioner and the Commissioner of Banking and Insurance shall develop recommendations

for legislative action to address the issue of regulating health care or managed care

entities that seek to contract directly with employers or other purchasers on a risk-assuming

basis. The recommendations shall identify the type of health care or managed care entities

and the scope of activities of these entities that should be subject to regulation

by the State. In preparing the recommendations, the commissioners shall consider the current State

statutory and regulatory requirements for health maintenance organizations and insurance

companies issuing health benefits plans in the State, as well as federal legislation

and laws and court rulings to determine how these health care and managed care entities

that assume risk should be regulated. The commissioners shall report their recommendations to the Senate and General Assembly

standing reference committees on health and insurance and to the Governor within one

year of the effective date of this act.