Skip to main content
S 2493 118th Congress Senate Health

PBM Reporting Transparency Act

Introduced: July 25, 2023 Introduced by: Warner, Mark R. Democratic · Virginia See on congress.gov
Sign in to write a letter Sign in to watch
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
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 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.

What's happening now July 25, 2023

Read twice and referred to the Committee on Finance.

 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/)
Report a problem