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H.R. 950 119th Congress House

Saving Seniors Money on Prescriptions Act

Official title: To amend title XVIII of the Social Security Act to establish pharmacy benefit manager reporting requirements with respect to prescription drug plans and MA-PD plans under Medicare part D.

Introduced: February 4, 2025 Introduced by: Greg Landsman Democratic · Ohio See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 4, 2025
Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 4, 2025
Introduced in House
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What's happening now February 4, 2025

Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Plain-English summary Congressional Research Service

Saving Seniors Money on Prescriptions Act

This bill establishes reporting requirements for pharmacy benefit managers (PBMs) under the Medicare prescription drug benefit and Medicare Advantage, particularly relating to the prices of prescription drugs.

Specifically, PBMs must (1) disclose certain information underlying cost performance measurements (e.g., exclusions and terms), and (2) report to prescription drug plan (PDP) sponsors (and to the Centers for Medicare & Medicaid Services upon request) an itemized list of prescription drugs that were dispensed during the previous year and related data about costs, claims, affiliated pharmacies, and other specified information. PDP sponsors may audit PBMs to ensure compliance with this bill's requirements and must annually certify their compliance; PBMs are responsible for any associated civil penalties for violations.

In addition, the Government Accountability Office must study federal and state reporting requirements for health plans and PBMs with respect to prescription drug price transparency and recommend ways to streamline these requirements.

 Related & companion bills 1
  • HR 7148 Consolidated Appropriations Act, 2026
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 29

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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 Cosponsors 2
All 2 Democratic 1 Republican 1
D
Suozzi, Thomas R.
New York · Jan 20, 2026
 R
Harshbarger, Diana
Tennessee · Feb 4, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 950: Saving Seniors Money on Prescriptions Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-950/
MLA
"H.R. 950: Saving Seniors Money on Prescriptions Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-950/.
Bluebook (legal)
H.R. 950, 119th Cong. (2026), https://openamerica.io/bill/119-HR-950/.
Markdown link
[H.R. 950: Saving Seniors Money on Prescriptions Act](https://openamerica.io/bill/119-HR-950/)
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