This bill establishes a regulatory framework to temporarily suspend or bar certain health care providers from receiving reimbursement for services or equipment covered under personal injury protection (PIP) insurance. The Commissioner of Banking and Insurance, in collaboration with the Commissioner of Health and Senior Services and the Director of the Division of Consumer Affairs, is tasked with creating standards and procedures for investigating health care providers suspected of professional misconduct, incompetence, or other violations. The bill mandates that health care providers receive adequate due process, including notice and an opportunity to be heard, and requires a 90-day advance notice of any new regulations.

Additionally, the bill outlines specific grounds for investigation, such as billing for services not rendered or soliciting patients improperly. If a health care provider is found to have violated these standards, they may be barred from collecting reimbursement and prohibited from treating patients under PIP coverage. The Commissioner is also required to maintain a public list of barred providers and can impose temporary suspensions during investigations. The bill aims to enhance accountability within the health care system while ensuring that providers are treated fairly throughout the process.