118th Congress · HOUSE BILLBILL

H.R. 2816Pharmacy Benefit Manager Sunshine and Accountability Act

To amend title XI of the Social Security Act to strengthen transparency requirements with respect to pharmacy benefit managers.

Health
Introduced Apr 25, 2023
Last action Dec 17, 2024
Pipeline · Bill → Law
Step 1
Introduced
Apr 25, 2023
Step 2
Referred
Dec 17, 2024
E&C · Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill expands and otherwise modifies reporting requirements for pharmacy benefit managers (PBMs). Current law requires PBMs that contract with plans under the Medicare prescription drug benefit or plans that are offered on state health insurance exchanges to report certain information regarding rebates, fees, and other related information. The bill applies these requirements to PBMs that contract with private health insurers, and it expands these requirements to include more specific information relating to prices and fees, such as rebates that the PBM receives from drug manufacturers that are not passed through to other entities and the highest and lowest rebate percentages the PBM rec...

Provisions · 2 sectionsIntroduced in House
Timeline · 5 actions
Dec 17, 2024
Referred to the Subcommittee on Health.
Apr 28, 2023
Referred to the Subcommittee on Health.
Apr 25, 2023
Introduced in House
Apr 25, 2023
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Apr 25, 2023
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.