Requires all Medicaid managed care organizations to permit all pharmacies in State to dispense prescriptions for all covered medications.

This bill requires New Jersey Medicaid managed care organizations to allow any pharmacy in the state to dispense covered medications, directly affecting Medicaid enrollees and community pharmacies. It mandates that MCOs permit all pharmacies to participate without restrictions based on medication cost or other criteria, while ensuring pharmacies cannot be forced to dispense below their acquisition cost. The bill also guarantees enrollees can choose any qualified pharmacy without extra fees and prohibits MCOs from denying pharmacy participation under different terms than other participating pharmacies. These changes aim to expand access to medication options for Medicaid beneficiaries.