This bill aims to establish minimum Medicaid reimbursement rates for private duty nursing (PDN) services in New Jersey. Specifically, it sets the hourly reimbursement rate at no less than $60 for services provided by registered professional nurses and no less than $48 for services provided by licensed practical nurses. This change addresses the current maximum reimbursement rates, which are $40 and $28 respectively, as outlined in existing state regulations. The bill highlights that the current rates are inadequate to cover the costs of providing these essential services, potentially discouraging nurses from offering PDN services in the state.

Additionally, the bill mandates that the Commissioner of Human Services apply for necessary state plan amendments or waivers within 180 days of the act's enactment to ensure federal financial participation in state Medicaid expenditures. The Commissioner is also required to adopt rules and regulations to implement the bill's provisions effectively. The act is set to take effect immediately upon passage.