Requires health insurance carriers to provide coverage for hospitalizations resulting from coronavirus disease 2019 without imposing cost-sharing requirements.

This bill requires health insurance carriers in New Jersey to cover all hospitalization costs for patients diagnosed with COVID-19 without any out-of-pocket expenses, such as deductibles, copayments, or coinsurance. It applies to all health insurance plans offered by companies, health maintenance organizations, and state-run programs like the State Health Benefits Program. The law takes effect immediately for health plans issued or renewed on or after its effective date, ensuring no cost-sharing for eligible hospitalizations related to the virus.