---
type: "Bill"
title: "Makes certain changes to calculation of minimum loss ratio requirements for health benefits plans in individual and small employer markets."
description: "Makes certain changes to calculation of minimum loss ratio requirements for health benefits plans in individual and small employer markets."
jurisdiction: "us/states/nj"
legislature: "New Jersey Legislature"
session: "221"
identifier: "S 2875"
citation: "New Jersey S 2875 (221)"
classification: ["bill"]
subjects: ["PUB EMP BENE"]
status: "enacted"
primary_sponsors: ["Drulis, Mitchelle", "Freiman, Roy", "Pou, Nellie", "Speight, Shanique"]
version_count: 4
action_count: 10
vote_count: 4
first_action: "2024-03-04T05:00:00+00:00"
last_action: "2024-09-06T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/7c38b855-7d27-4309-bbc6-4d60f3bba154"
source_url: "https://pub.njleg.state.nj.us/leg-databases/"
source_hash: "dc20b4bd1ee6f4b8d22db45c517581955039567b21463796a78ba2acc212b7ff"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nj"]
---

# New Jersey S 2875 (221) — Makes certain changes to calculation of minimum loss ratio requirements for health benefits plans in individual and small employer markets.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced Version** (committee substitute) — [source](https://pub.njleg.state.nj.us/Bills/2024/S3000/2875_I1.HTM)
2. **Reprint SBA 6/24/24 3R** (committee substitute) — [source](https://pub.njleg.state.nj.us/Bills/2024/S3000/2875_R3.HTM)
3. **Reprint SCM 5/13/24 1R** (committee substitute) — [source](https://pub.njleg.state.nj.us/Bills/2024/S3000/2875_R1.HTM)
4. **Reprint Senate 5/20/24 2R** (committee substitute) — [source](https://pub.njleg.state.nj.us/Bills/2024/S3000/2875_R2.HTM)

## Votes

- 3RDG FINAL PASSAGE — **38–0** (pass) · upper
- Reported out of Senate committee with amendments — **4–0** (pass) · upper
- Reported out of Senate committee with amendments — **12–0** (pass) · upper
- 3RDG FINAL PASSAGE — **72–0** (pass) · lower

## Sponsors

- Drulis, Mitchelle — primary (person)
- Freiman, Roy — primary (person)
- Pou, Nellie — primary (person)
- Speight, Shanique — primary (person)
- Bagolie, Rosaura — cosponsor (person)
- Clifton, Robert D. — cosponsor (person)
- Sumter, Shavonda E. — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-03-04T05:00:00+00:00** Introduced in the Senate, Referred to Senate Commerce Committee `introduction, referral-committee`
- **2024-05-13T04:00:00+00:00** Reported out of Senate Committee with Amendments, 2nd Reading `committee-passage`
- **2024-05-20T04:00:00+00:00** Senate Amendment (Voice) (Ruiz) `amendment-passage`
- **2024-06-24T04:00:00+00:00** Recommitted to Senate Budget and Appropriations Committee `referral-committee`
- **2024-06-24T04:00:00+00:00** Reported out of Senate Committee with Amendments, 2nd Reading `committee-passage`
- **2024-06-28T04:00:00+00:00** Passed Senate (38-0) `passage`
- **2024-06-28T04:00:00+00:00** Received in the Assembly without Reference, 2nd Reading
- **2024-06-28T04:00:00+00:00** Substituted for A3972 (2R)
- **2024-06-28T04:00:00+00:00** Passed Assembly (Passed Both Houses) (72-0-0) `passage`
- **2024-09-06T04:00:00+00:00** Approved P.L.2024, c.62. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7c38b855-7d27-4309-bbc6-4d60f3bba154`. Confidence: reported (aggregated from official New Jersey legislature records).