S.4293: Pharmacy Benefit Manager Transparency Act of 2022

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Bill Summary

Pharmacy Benefit Manager Transparency Act of 2022 This bill generally prohibits pharmacy benefit managers (PBMs) from engaging in certain practices when managing the prescription drug benefits under a health insurance plan, including charging the plan a different amount than the PBM reimburses the pharmacy. The bill also prohibits PBMs from arbitrarily, unfairly, or deceptively (1) clawing back reimbursement payments, or (2) increasing fees...

(Source: Library of Congress)

Bill Actions

Date Description
Dec. 14, 2022
Placed on Senate Legislative Calendar under General Orders. Calendar No. 647.
Dec. 14, 2022
Committee on Commerce, Science, and Transportation. Reported by Senator Cantwell with an amendment in the nature of a substitute. Without written report.
June 22, 2022
Committee on Commerce, Science, and Transportation. Ordered to be reported with an amendment in the nature of a substitute favorably.
May 24, 2022
Read twice and referred to the Committee on Commerce, Science, and Transportation.
May 24, 2022

Introduced in the Senate by Maria Cantwell (D-Wash.)

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