TRENTON – Gov. Chris Christie signed a bill to require insurers to cover oral cancer medications.
The bill, S1834, requires health insurers to provide insurance coverage for prescribed, orally-administered cancer medications on a basis which is no less favorable than the policy or contract provides for injected anticancer medications.
Under the law, insurers are prohibited from subjecting the coverage of oral cancer medication to any prior authorization stipulations, dollar limits, copayments, deductibles or coinsurance standards that do not apply to intravenously-administered or injected cancer drugs.
“It is imperative that we update our laws to stay current with advances in medical research and treatments to ensure that these drugs are covered equally and as affordably as other cancer treatment options to provide relief to cancer patients throughout New Jersey,” said Senate Majority Leader and bill co-sponsor Loretta Weinberg.