High impact
Newsletter Vol. 34, No.11
New Jersey Medicaid·Effective Oct 1, 2024
Effective October 1, 2024, New Jersey Medicaid reimbursement for pharmacist-administered COVID-19 vaccines changes from Medicare-aligned rates to Actual Acquisition Cost (AAC) plus a $10.92 professional fee. Pharmacies must discontinue populating three NCPDP fields (420-DK, 440-E5, 438-E3) and stop receiving incentive fee payments in Field 521-FL. Pharmacies must continue updating the New Jersey Immunization Information System (NJIIS) within 48 hours of vaccine administration.