Requires DOH to study cost of establishing long-term health care benefit for certain individuals.

This bill (A5329) requires New Jersey's Department of Health (DOH) to study the costs of creating a long-term health care benefit for residents. The study must model two specific approaches: (1) a public benefit funded by worker payroll deductions providing time-limited insurance, or (2) a public-private reinsurance model to stabilize insurer reimbursement for catastrophic long-term care costs. Within 365 days, the DOH must submit a report analyzing expected costs/benefits, participant numbers, potential Medicaid savings, and state risks to the Governor and Legislature. The report will include recommendations for future legislation or regulations, but the bill itself does not establish any benefit or mandate changes.