New Jersey Assembly to Decide on Health Coverage for Biomarker Testing | Insurify
In October, a
Though some health insurance providers in
Knocking down a barrier
Lack of insurance coverage stops patients from getting needed tests, according to a nationwide survey conducted by the
"This legislation addresses a significant barrier by opening the door to precision medicine for more patients, regardless of their income, race or where they live,"
"Biomarker testing, an important step to accessing precision medicine, including targeted therapies, can help patients efficiently access the most effective treatment and may lead to many benefits, including better outcomes, improved quality of life and in some cases reduced costs from avoiding ineffective therapies," Law said in the statement.
How the bill defines biomarker testing
Health providers test for biomarkers by analyzing tissue, blood, or other biospecimens. If the test identifies indicators of a specific disease, condition, response to medicine, or gene characteristics, the health provider can start to better implement a care plan for the patient.
Under this bill, genetic disease-marker tests must have supporting medical and scientific evidence to qualify for coverage. The bill includes labeled warnings and precautions for FDA-approved tests and drugs, coverage determinations, and national clinical practice guidelines as eligible supporting evidence.
What's next:
Fifteen
The bill isn't currently on the schedule for the remainder of the current legislative session, which ends on
Related articles


CVS Health cuts 42 more jobs linked to Aetna Hartford HQ
Beware of scams during open enrollment for insurance
Advisor News
- Inflation, competing priorities and uncertainty erode retirement security
- As health premiums rise, 1 in 8 workers cut retirement savings
- CT governor’s candidates claims: What’s true, and what’s misleading
- Retaining clients by giving them a memorable experience
- Addressing the longevity paradox
More Advisor NewsAnnuity News
- National Life Group expands annuity portfolio
- AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
- USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
- How flexible annuities fit today’s retirement portfolios
- Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
More Annuity NewsHealth/Employee Benefits News
- How the law protecting Americans from surprise medical bills is driving up healthcare costs
- Your Georgia Auto Policy Speaks English — Here's How to Read the Fine Print
- Pennsylvania Law Mandates No-Cost Coverage for Colorectal Cancer Blood Tests
- Open Enrollment set to begin Nov. 1
- Advice for health care open enrollment beginning November 1
More Health/Employee Benefits NewsLife Insurance News