PBM Transparency in Prescription Drug Costs Act

Fact Sheet API

Bill Number

HR 5304

Introduced

Dec 4, 2019

Latest Action

Referred to the Subcommittee on Health.

Sponsor

Cosponsors

Topics

Business records Employee benefits and pensions Health Health care costs and insurance Health information and medical records Prescription drugs Right of privacy

Full Text

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Votes

Summary

PBM Transparency in Prescription Drug Costs Act

This bill requires group health plans or the pharmacy benefits manager (PBM) for the plans to periodically report certain prescription drug pricing and utilization data; it also requires PBMs to pass on to health plans all rebates and discounts received from drug manufacturers.

Actions

Dec 5, 2019

Referred to the Subcommittee on Health.
Dec 4, 2019

Referred to the House Committee on Energy and Commerce.
Dec 4, 2019

Introduced in House

Amendments

Related Bills