State and school employee health plans would use a preferred drug list

The State Treasurer would create and maintain a preferred drug list for two health benefit programs. The list would serve New Jersey's State Health Benefits Program and School Employees' Health Benefits Program. The Treasurer would weigh how well similar products work and what they cost. Any product could need advance approval; nonpreferred products would also face extra list rules. The measure would start on the first day of the seventh month after enactment and cover contracts signed, renewed, or changed on or after that day.