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Pharmacy Benefit Manager Sunshine and Accountability Act

H.R. 2816 Rep. Diana Harshbarger (R-TN-1) In committee
  1. Introduced Apr 25
  2. Committee Apr 25
  3. Passed House Next
  4. Passed Senate Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Apr 25, 2023Next: House vote
680d ago Dec 17, 2024: Referred to the Subcommittee on Health.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
2companies, 2 filings
Member trades
6trades in the last 90 days
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Companies lobbying on this bill

2 companies
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Biotech & Pharma 2
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Summary

Pharmacy Benefit Manager Sunshine and Accountability Act

Full summary3 paragraphs

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 receives among all its contracts.

The bill also requires the Department of Health and Human Services to annually post the information reported by PBMs on its website.

Library of Congress summary, Apr 25, 2023

Summary versions
  • Introduced in HouseApr 25, 2023

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 28, 2026.