N.J. Admin. Code § 13:45K-1.3

Current through Register Vol. 56, No. 24, December 18, 2024

Section 13:45K-1.3 - Registration and assessment

(a) Pursuant to the Data Collection Manual, a reporting entity shall register with the Division by January 31 of each calendar year and report any changes in registration information within 30 days. The Division may require such information and documentation as is necessary or useful for effectuating the registration requirements at P.L. 2023, c. 106.

(b) A manufacturer, pharmacy benefits manager, wholesaler, and carrier required to register with the Division pursuant to this chapter shall pay an annual assessment of $ 4,740.

(c) A pharmacy services administrative organization required to register with the Division pursuant this chapter shall pay an annual assessment of $ 1,170.

(d) A reporting entity may pay the assessment to the Division in full or in equal monthly installments, with final payment to be made no later than December 31 of each reporting year.

(e) A carrier is required to register with the Division if it issues a health benefits plan with a prescription drug benefit.

(f) An entity that includes more than one type of reporting entity must register and pay an assessment fee for each type of reporting entity it encompasses.

N.J. Admin. Code § 13:45K-1.3

Adopted by 56 N.J.R. 2246(a), effective 10/15/2024