Clarifies that testosterone therapy is covered treatment under the "New Jersey Menopause Coverage Act."

This bill clarifies that testosterone therapy is covered under New Jersey's existing Menopause Coverage Act, which requires health insurance plans to cover medically necessary treatments for perimenopause and menopause. The legislation specifically ensures that insurance providers cannot deny coverage for testosterone therapy if it is prescribed by a medical provider, even if the federal Food and Drug Administration has not approved it for menopause treatment. It applies to hospital and medical service corporation contracts issued or renewed in New Jersey after the act's effective date. The bill also mandates that insurers provide clear information to subscribers about covered menopause treatments.