SENATE HEALTH, HUMAN SERVICES AND SENIOR CITIZENS COMMITTEE

STATEMENT TO

SENATE, No. 3463

STATE OF NEW JERSEY

DATED:  MAY 11, 2026

      The Senate Health, Human Services and Senior Citizens Committee reports favorably Senate Bill No. 3463.

This bill makes various changes to the regulation of health care service firms.

     The bill:  1) raises the annual Medicaid reimbursement threshold for personal care assistance services that would trigger an audit for health care service firms from $250,000 to $500,000; 2) requires the health care service firms to submit the audit no later than September 30th of the calendar year in which it is due; 3) revises the compensation threshold for reporting requirements for health care service firms from between $1 million and $10 million, to less than $10 million; 4) revises the information that is to be contained in the health care service firm’s report; 5) provides for corrective action in certain cases; and 6) permits audits to be performed by out-of-State accountants.