S 3345
PBM Price Transparency and Accountability Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 8:40 AM
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the PBM Price Transparency and Accountability Act, aims to increase transparency and accountability in how Medicare and Medicaid pay pharmacies. It requires pharmacy benefit managers (PBMs) to disclose detailed pricing information, prevents abusive spread pricing practices in Medicaid, and ensures accurate payments to pharmacies. The bill also seeks to improve pharmacy access and choice for Medicare beneficiaries and modernize PBM accountability under Medicare, with specific provisions regarding contract terms and essential retail pharmacies.
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