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          <text>Referred to the House Committee on Education and the Workforce.</text>
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          <actionDate>2023-06-16</actionDate>
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          <actionDate>2024-12-17</actionDate>
          <text>Referred to the Subcommittee on Health.</text>
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        <text>Placed on Senate Legislative Calendar under General Orders. Calendar No. 113.</text>
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        <fullName>Sen. Sanders, Bernard [I-VT]</fullName>
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        <fullName>Sen. Cassidy, Bill [R-LA]</fullName>
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        <fullName>Sen. Murray, Patty [D-WA]</fullName>
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        <fullName>Sen. Marshall, Roger [R-KS]</fullName>
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        <fullName>Sen. Braun, Mike [R-IN]</fullName>
        <firstName>Mike</firstName>
        <lastName>Braun</lastName>
        <party>R</party>
        <state>IN</state>
        <sponsorshipDate>2023-05-02</sponsorshipDate>
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        <pubDate>2024-12-05T21:19:00Z</pubDate>
        <title>S. 1339, Pharmacy Benefit Manager Reform Act</title>
        <url>https://www.cbo.gov/publication/61050</url>
        <description>As reported by the Senate Committee on Health, Education, Labor, and Pensions on June 22, 2023</description>
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    <policyArea>
      <name>Health</name>
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          <name>Civil actions and liability</name>
          <updateDate>2023-06-08T19:45:25Z</updateDate>
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          <name>Congressional oversight</name>
          <updateDate>2023-06-08T19:45:25Z</updateDate>
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          <name>Disability and health-based discrimination</name>
          <updateDate>2023-06-08T19:45:25Z</updateDate>
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          <name>Employment discrimination and employee rights</name>
          <updateDate>2023-06-08T19:45:25Z</updateDate>
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          <name>Government information and archives</name>
          <updateDate>2023-06-08T19:45:24Z</updateDate>
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          <name>Government studies and investigations</name>
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          <name>Right of privacy</name>
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        <actionDate>2023-04-27</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2023-07-12T14:17:21Z</updateDate>
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          <text>&lt;p&gt;&lt;b&gt;Pharmacy Benefit Manager Reform Act&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill establishes various requirements for pharmacy benefit managers (PBMs) with respect to services provided to health insurance plans.&lt;/p&gt; &lt;p&gt;First, PBMs must report annually to the plan sponsor certain information about the PBM's services, including the amount of prescription drug copayment assistance funded by drug manufacturers, a list of covered drugs billed under the plan during the reporting period, and the total net spending by the health plan on prescription drugs. PBMs also must provide plan sponsors with a supplementary report every six months with specified information about drugs that were dispensed under the plan by pharmacies that are wholly or partially owned by the PBM.&lt;/p&gt; &lt;p&gt;Second, the bill prohibits spread pricing. Under the bill, spread pricing occurs when a PBM charges an insurance plan (or an insurance plan charges plan participants) a price for a prescription drug that exceeds the price paid to the pharmacy for the drug.&lt;/p&gt; &lt;p&gt;Finally, PBMs must remit to the plan sponsor all rebates, fees, alternative discounts, and other remuneration received from a drug manufacturer.&lt;/p&gt; &lt;p&gt;The bill establishes civil penalties for violations of these requirements and provides funding for the Centers for Medicare &amp;amp; Medicaid Services and the Department of Labor to implement the provisions of this bill.&lt;/p&gt;</text>
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    <title>Pharmacy Benefit Manager Reform Act</title>
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        <title>A bill to provide for increased oversight of entities that provide pharmacy benefit management services on behalf of group health plans and health insurance coverage.</title>
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      <text>Placed on Senate Legislative Calendar under General Orders. Calendar No. 113.</text>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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