Pharmacy Benefit Manager Transparency Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 15
- Latest action
- Feb 11, 2025
What it does
The Pharmacy Benefit Manager Transparency Act of 2025 would prohibit pharmacy benefit managers from engaging in unfair or deceptive pricing practices, such as charging health plans more than they reimburse pharmacies or arbitrarily clawing back payments, unless specific exceptions apply, including full disclosure and passing along 100% of price concessions. The bill also prohibits reporting false or misleading information to federal agencies and requires pharmacy benefit managers to annually report detailed financial and operational data to the Federal Trade Commission and the Secretary of Health and Human Services, including differences between payments received from health plans and…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.