Advocates for patients, senior citizens, labor unions, and businesses hailed New Jersey Gov. Phil Murphy’s (D) signing of a complex and controversial measure designed to curb the impact of costly “surprise” medical bills in New Jersey, according to NJ Spotlight.
Supporters said the law, nearly 10 years in the making, is the strongest of its kind nationwide.
But physicians, and specialists in particular, remain concerned the reform will erode their negotiating power with insurance companies and sap them of critical revenue they can use to offset the cost of treating those without healthcare coverage — and eventually diminish patient care. Several professional groups are now coordinating resources to help doctors who may face payment struggles as a result of the new law and are refocusing other efforts to reduce the regulatory burdens on Garden State providers.
The reform is designed to protect patients, businesses, and others who pay for medical care from the high-cost bills associated with emergency or unintentional care from doctors or other providers who are not part of their insurance network.
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