Codifies Medicaid coverage for eligible pregnant women for 365-day period beginning on last day of pregnancy.

This bill codifies New Jersey's current Medicaid policy of providing coverage for eligible pregnant women for a 365-day period (one year) beginning on the last day of pregnancy, rather than the previous 60-day postpartum period. It applies to pregnant individuals whose income does not exceed the highest income eligibility level established for pregnant women under New Jersey's Medicaid plan. The bill formalizes a policy that has been implemented through budget language and the NJ FamilyCare 1115 Demonstration since fiscal year 2022. This aligns with a federal option established by the American Rescue Plan Act of 2021, which was made permanent by the Consolidated Appropriations Act 2023, allowing states to extend postpartum Medicaid coverage to 12 months.