Establishes 60-day special enrollment period to initiate when provider in carrier's network of providers is leaving carrier's network.

This bill (S4418) creates a 60-day special enrollment period for health insurance plan members when a healthcare provider leaves their insurance carrier's network. It requires insurers to begin this enrollment period 60 days before a provider's contract with the carrier expires. Insured individuals must receive notice about this period from the insurer, following guidelines set by New Jersey's Department of Banking and Insurance. The policy change directly affects people whose current healthcare providers are transitioning out of their insurance network, giving them time to adjust their coverage without gaps.