Skip to content

PBM Act

In committee: it can still change before the session ends.

US S 4509 · Senate Bill · 119th Congress

Stage
In committee
Started in
Senate
Sponsors
4
Latest action
May 13, 2026

What it does

The Patients Before Monopolies Act (S.4509) would prohibit pharmacy benefit managers (PBMs) and insurance companies from owning or controlling pharmacies, requiring divestment within one year of enactment to eliminate conflicts of interest and restore competition in the pharmaceutical supply chain. The bill affects large vertically integrated health conglomerates that currently control over 90% of U.S. prescriptions, mandating structural separation to prevent self-preferencing, inflated drug costs, and pharmacy closures. Enforcement would be led by the Federal Trade Commission and Department of Justice, which could impose financial penalties, appoint trustees to oversee divestment, and…

AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    May 13, 2026

  2. Committee (Current step)

    In committee · May 13, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

Loading recorded actions…

Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

Reporting that may mention this subject. Possible matches are labeled.

Loading coverage…

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

PBM Act | 52