News

HealthCare Institute of New Jersey Statement on Assembly Passage of A-1502, The Patient and Provider Protection Act and PBM Reform

Trenton, May 18, 2026 ― Chrissy Buteas, President and Chief Executive Officer of the HealthCare Institute of New Jersey (HINJ – www.hinj.org), released the following statement concerning today’s full General Assembly passage of A-1502, the “Patient and Provider Protection Act.” 

“We applaud the Assembly’s passage of this important legislation, which will improve access to life-saving medications and lower costs for patients.  New Jersey is known as the ‘Medicine Chest of the World’ for our global leadership in discovering new medicines – this bill aims to make sure PBMs and other middlemen don’t artificially inflate the cost of those medicines for their own profits at the expense of New Jersey patients.” 

Buteas continued, “Today’s action by the Assembly addresses the critical goal of making healthcare more affordable, helping patients and families across our state.  We look forward to supporting the bill as it continues through the legislative process.”