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S. 2493 118th Congress Senate

PBM Reporting Transparency Act

Official title: A bill to require the Medicare Payment Advisory Commission (MedPAC) submit to Congress two reports on arrangements with pharmacy benefit managers with respect to prescription drug plans MA-PD plans.

Introduced: July 25, 2023 Introduced by: Mark R. Warner Democratic · Virginia See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 25, 2023
Read twice and referred to the Committee on Finance.
Jul 25, 2023
Introduced in Senate
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 Latest action July 25, 2023

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

PBM Reporting Transparency Act

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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 1 Republican 2
D
Cortez Masto, Catherine
Nevada · Jul 25, 2023
 R
Thune, John
South Dakota · Jul 25, 2023
 R
Tillis, Thomas
North Carolina · Jul 25, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2493: PBM Reporting Transparency Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-2493/
MLA
"S. 2493: PBM Reporting Transparency Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-2493/.
Bluebook (legal)
S. 2493, 118th Cong. (2026), https://openamerica.io/bill/118-S-2493/.
Markdown link
[S. 2493: PBM Reporting Transparency Act](https://openamerica.io/bill/118-S-2493/)
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