Requires medical fee schedule by automobile insurers to provide for reimbursement of certain services provided by ambulatory surgical center at rate of 300 percent of Medicare payment rate.

This bill requires New Jersey automobile insurers to reimburse ambulatory surgical centers (ASCs) for certain services at 300% of the Medicare Part B payment rate - instead of current rates - if the service isn't already listed in the state's medical fee schedule. It also mandates that unlisted medical supplies used with these services be reimbursed at invoice cost plus 20%. The policy directly affects ASCs and insurers by establishing a standardized, higher reimbursement rate for uncovered ASC services, aligning with Medicare guidelines. This change aims to ensure ASCs receive fair compensation for services not previously covered under insurer fee schedules.