Requires health insurance carriers and Medicaid to provide coverage for planned home childbirth.

This bill (S 2672) requires all health insurance plans in New Jersey - including hospital service corporations, medical service corporations, individual policies, group plans, and health maintenance organizations - to cover planned home childbirth costs. It mandates coverage for services provided by healthcare providers (like midwives, nurses, and doctors), doulas, and necessary medical equipment, at the same level as other covered medical services. The law applies to all insurance contracts issued or renewed in New Jersey after its effective date, regardless of whether premiums can be adjusted. This directly affects insurance companies and Medicaid by expanding coverage options for individuals choosing home births.