Establishes cap on amount that hospital can charge patients for laboratory services to 150% of Medicare.

This bill sets a 150% cap on hospital charges for laboratory services, limiting what hospitals can bill patients to 150% of the federal Medicare payment rate for those services. It applies to patients who do not qualify for the existing 115% cap under P.L.2008, c.60 (which covers uninsured patients with family income under 500% of the federal poverty level). Hospitals must adhere to this 150% limit for all laboratory services provided to qualifying patients, excluding those already covered by the lower 115% threshold. The policy change specifically targets lab service billing and does not affect other hospital charges or services.