SENATE COMMERCE COMMITTEE

STATEMENT TO

SENATE, No. 2629

STATE OF NEW JERSEY

DATED:  MARCH 16, 2026

      The Senate Commerce Committee reports favorably Senate Bill No. 2629.

This bill requires health insurance carriers (including insurance companies, health, hospital, and medical service corporations, and health maintenance organizations) to reimburse a health care provider that provides a vaccine at a rate that is no less than the vaccine’s Centers for Disease Control and Prevention (CDC) cost per dose rate pursuant to the CDC vaccine price list.  The CDC cost per dose rate is to be the rate in effect on the date the vaccine was provided.

      The CDC vaccine price list provides the CDC and private sector cost per dose contract prices for vaccines.

      This bill was prefiled for introduction in the 2026-2027 session pending technical review.  As reported, the bill includes the changes required by technical review, which has been performed.