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HR 950 119th Congress House Health Accounting and auditing Congressional oversight Contracts and agency Drug safety, medical device, and laboratory regulation Government information and archives Government studies and investigations Health care costs and insurance Prescription drugs Retail and wholesale trades

Saving Seniors Money on Prescriptions Act

Introduced: February 4, 2025 Introduced by: Landsman, Greg Democratic · Ohio See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
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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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 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.

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.

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

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 24

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

See all 24 filings →
 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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