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H.R. 5304

Referred to Committee

PBM Transparency in Prescription Drug Costs Act

Introduced 12/4/2019•116th Congress•House

Latest Action

Referred to the Subcommittee on Health.

12/5/2019 • House

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.

Introduced in House • 12/4/2019

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Topics & Subjects

Policy Area: Health
Business recordsEmployee benefits and pensionsHealth care costs and insuranceHealth information and medical recordsPrescription drugsRight of privacy

Congressional Votes (0)

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Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

1
Democrats
1
Republicans
0
Independents

Sponsor

R[
Rep. Schrader, Kurt [D-OR-5]

Democrat • OR-5

Sponsored 12/4/2019

Cosponsors (1)

Bill Journey

Originated in the House

Introduced

December 4, 2019

Referred to the House Committee on Energy and Commerce.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House12/4/2019

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors1