Requires DOBI to establish all-payer claims database.

This bill requires New Jersey's Department of Banking and Insurance to create a centralized all-payer claims database. The system will collect and store data on medical, prescription drug, dental, and vision claims from insurance companies, hospitals, and other healthcare providers. Key provisions mandate that the department securely manage this information, conduct audits to verify accuracy, and publish the data on a public dashboard for transparency. The law applies to nearly all health plans in the state but excludes specific types of coverage such as accident-only policies and Medicare supplements.