HR 2679
Pharmacy Benefits Manager Accountability Act
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- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Pharmacy Benefits Manager Accountability Act aims to increase oversight of how pharmacy benefits managers (PBMs) operate. It requires PBMs to report detailed information to health plans about their services, including drug costs, covered medications, and rebates received. The bill also directs the Government Accountability Office (GAO) to investigate pharmacy networks and ensure they aren't designed to favor specific pharmacies. It establishes civil penalties for non-compliance and mandates a standard reporting format. Finally, it strengthens enforcement authority to prevent anti-competitive practices within the drug supply chain.
Sponsors
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Primary sponsor
Ann M. Kuster
Cosponsors
Anna G. Eshoo
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