Requires Commissioner of Banking and Insurance to develop standard prior authorization form for prescription drug benefits for use by network providers.

This bill requires New Jersey's Commissioner of Banking and Insurance to create a single, standardized form for healthcare providers (like doctors and pharmacies) to request insurance approval for prescription drugs. Insurance companies must accept this uniform form in both paper and digital formats from all network providers. The law aims to simplify the prior authorization process - where insurers must approve coverage before certain drugs are dispensed - by eliminating varying forms from different insurers. It takes effect immediately upon enactment.