Politiparty
Politiparty

118th Congress Health

S. 2493: PBM Reporting Transparency Act

Introduced

  1. Introduced (completed)Jul 25, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Jul 25, 2023

This bill requires the Medicare Payment Advisory Commission to report certain information about pharmacy benefit managers (PBMs) under the Medicare prescription drug benefit and Medicare Advantage.

Specifically, the commission must report on trends in agreements between PBMs and prescription drug plans, the impact of any differences in agreements on out-of-pocket spending for enrollees and pharmacy reimbursements, and any appropriate recommendations. The commission must submit an updated report two years after its initial report.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

3

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Mark Warner D-VA SponsorDrew cross-party cosponsors, introduced2 events+6
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Other bills by Mark Warner

History

  1. Jul 25, 2023Introduced in the Senate by Mark Warner.
Show the full action history (2 actions)
  1. Jul 25, 2023Introduced in Senate
  2. Jul 25, 2023Read twice and referred to the Committee on Finance.