Requires managed care plans to allow any clinical laboratory to participate in provider network.

This bill requires health insurance companies in New Jersey to allow any licensed clinical laboratory to join their provider network for covered lab services under the same terms and conditions offered to other participating labs. It directly affects licensed clinical laboratories that provide services covered by health insurance plans. The key provision prohibits insurers from denying participation based on the lab's specific licensing or network status, ensuring equal access for qualified providers. The Commissioner of Banking and Insurance will develop implementing rules to enforce this requirement.