HR 7895
PBM Kickback Prohibition Act
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Bill overview
This bill, the PBM Kickback Prohibition Act, aims to prevent pharmacy benefit managers (PBMs) from receiving payments for referring business to related companies. It specifically prohibits PBMs from paying brokerage firms, brokers, consultants, or advisors for directing covered plans’ or health insurance issuers’ pharmacy services to the PBM. The goal is to increase transparency and reduce potential conflicts of interest in the pharmaceutical supply chain. The changes will take effect after the bill is enacted.
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119th CONGRESS — 2d Session
H. R. 7895
IN THE HOUSE OF REPRESENTATIVES
A BILL
To amend section 408 of the Employee Retirement Income Security Act of 1974 to prohibit kickbacks to pharmacy benefit managers.
This Act may be cited as the PBM Kickback Prohibition Act
.
The amendment made by this section shall apply for plan years beginning after the date of enactment of this Act.