Governor Phil Murphy has signed into law a bill sponsored by Senator Jon Bramnick (R-21) that aims to reduce healthcare costs for New Jersey residents. The legislation requires insurance companies to count discounts negotiated for prescription drugs toward patients’ out-of-pocket maximums.
“Too many New Jerseyans are paying more than they should for healthcare, even when they do everything right,” said Sen. Bramnick. “This commonsense measure ensures that insurer-negotiated discounts count toward a patient’s out-of-pocket maximum, ultimately lowering costs and making healthcare more affordable for patients across the state.”
The full text of the bill, S-3818/A-5217, is available online.
Senator Anthony M. Bucco serves as Senate Republican Leader and chairs the Senate Judiciary Committee in New Jersey’s 25th Legislative District. He also sits on the Senate Budget and Appropriations Committee and represents communities such as Bernardsville Borough, Boonton Town, and Denville Township according to his official website. In addition to his leadership roles, Bucco engages in sponsoring legislation and participating in committee discussions on state issues (source). He maintains a district office at 75 North Main Street in Boonton and provides constituent services through this office and via email.
