Requires health insurance coverage of prescribed anti-obesity medication.

This bill requires most health insurance plans in New Jersey to cover prescribed, FDA-approved anti-obesity medication for chronic weight management. It applies to all health insurance contracts (including hospital service corporations, medical service corporations, HMOs, and state-administered programs) issued or renewed in the state after its effective date. The coverage must be provided at the same level as treatment for other medical conditions, with no separate restrictions or higher out-of-pocket costs. It directly affects New Jersey residents with health insurance who are prescribed these medications for obesity, which the bill defines as FDA-approved drugs for chronic weight management.