H.R. 2816 · 118th Congress
Pharmacy Benefit Manager Sunshine and Accountability Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
HarshbargerSponsor7 cosponsors · 4 D, 3 R
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill expands and otherwise modifies reporting requirements for pharmacy benefit managers (PBMs).
What it does: CRS summary · Introduced in House · Apr 25, 2023
Pharmacy Benefit Manager Sunshine and Accountability Act
This bill expands and otherwise modifies reporting requirements for pharmacy benefit managers (PBMs).
Current law requires PBMs that contract with plans under the Medicare prescription drug benefit or plans that are offered on state health insurance exchanges to report certain information regarding rebates, fees, and other related information. The bill applies these requirements to PBMs that contract with private health insurers, and it expands these requirements to include more specific information relating to prices and fees, such as rebates that the PBM receives from drug manufacturers that are not passed through to other entities and the highest and lowest rebate percentages the PBM receives among all its contracts.
The bill also requires the Department of Health and Human Services to annually post the information reported by PBMs on its website.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Pharmacy Benefit Manager Sunshine and Accountability Act
Latest action (Dec 17, 2024): Referred to the Subcommittee on Health.
Policy area: Health · Origin: House · Introduced: Apr 25, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.