Search Results for keywords:"pharmacy benefit manager transparency"

Search Results: keywords:"pharmacy benefit manager transparency"

H. R. 7717 — To amend title XI of the Social Security Act to enhance pharmacy benefit manager transparency requirements.
March 19, 2024
Status:Introduced in House
Congress:118
Words:796
H.R. 7717 aims to increase transparency in how pharmacy benefit managers (PBMs) operate under the Social Security Act. It requires entities providing pharmacy benefits to share detailed financial information with the Secretary of Health and Human Services and relevant health...
Simple Explanation
H.R. 7717 is a rule that wants companies who help people get their medicine to tell everyone more about where their money comes from and goes. This will help people understand how these companies work and make sure they're fair by 2027.
S. 526 — To prevent unfair and deceptive acts or practices and the dissemination of false information related to pharmacy benefit management services for prescription drugs, and for other purposes.
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February 11, 2025
Status:Introduced in Senate
Congress:119
Words:4,907
S. 526, titled the “Pharmacy Benefit Manager Transparency Act of 2025,” aims to regulate the practices of pharmacy benefit managers (PBMs) to prevent unfair pricing and deceptive acts. This bill prohibits PBMs from overcharging health plans and requires them to disclose...
Simple Explanation
S. 526, the "Pharmacy Benefit Manager Transparency Act of 2025," is a plan to make sure companies that help people get medicine are honest and treat everyone fairly. It wants these companies to show how they decide on medicine prices so no one gets tricked, and if they don't follow the rules, they might have to pay a big fine.

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