H.R. 950, also known as the “Saving Seniors Money on Prescriptions Act,” aims to amend the Social Security Act to require pharmacy benefit managers (PBMs) to report detailed information about prescription drug costs and management under Medicare Part D. Starting in 2028, PBMs...
Simple Explanation
H.R. 950 wants to make sure that the people in charge of helping pay for medicines for older folks need to tell the government how much these medicines cost and other important details. This is to help make sure everything is fair and clear so that seniors don't pay too much for their prescriptions.