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S. 2973 118th Congress Senate

Modernizing and Ensuring PBM Accountability Act

Official title: A bill to amend titles XVIII and XIX of the Social Security Act to establish requirements relating to pharmacy benefit managers under the Medicare and Medicaid programs, and for other purposes.

Introduced: September 28, 2023 Introduced by: Ron Wyden Democratic · Oregon See on congress.gov
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Drug safety, medical device, and laboratory regulationGovernment information and archivesGovernment studies and investigationsHealth care costs and insuranceHealth care coverage and accessHealth care qualityHealth programs administration and fundingMedicaidMedicarePerformance measurementPrescription drugsPublic participation and lobbyingRetail and wholesale tradesUser charges and fees
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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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 7, 2023
Committee on Finance. Reported by Senator Wyden with an amendment in the nature of a substitute. With written report No. 118-122.
Dec 7, 2023
Placed on Senate Legislative Calendar under General Orders. Calendar No. 266.
Sep 28, 2023
Read twice and referred to the Committee on Finance.
Sep 28, 2023
Introduced in Senate
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 Latest action December 7, 2023

Placed on Senate Legislative Calendar under General Orders. Calendar No. 266.

 Related & companion bills 7
  • S 2939 Pharmacy Access Oversight and Reporting Act
  • HR 5372 Expanding Seniors' Access to Lower Cost Medicines Act of 2023
  • S 2198 Prescription Drug Supply Chain Pricing Transparency Act
  • HR 5385 Medicare PBM Accountability Act
  • S 2254 Medicare PBM Accountability Act
  • HR 7535 Prescription Drug Supply Chain Pricing Transparency Act
  • HR 7717 To amend title XI of the Social Security Act to enhance pharmacy benefit manager transparency requirements.
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 16

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

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Cite this page click to expand
APA
U.S. Congress. (2026). S. 2973: Modernizing and Ensuring PBM Accountability Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-2973/
MLA
"S. 2973: Modernizing and Ensuring PBM Accountability Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-2973/.
Bluebook (legal)
S. 2973, 118th Cong. (2026), https://openamerica.io/bill/118-S-2973/.
Markdown link
[S. 2973: Modernizing and Ensuring PBM Accountability Act](https://openamerica.io/bill/118-S-2973/)
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