H.R.4317

PBM Reform Act of 2025 Pharmacy Benefit Manager Reform Act of 2025

Introduced·7/10/25

The PBM Reform Act of 2025 aims to ensure pharmacy access and choice for Medicare beneficiaries by regulating pharmacy benefit managers.

The PBM Reform Act of 2025 introduces measures to regulate pharmacy benefit managers (PBMs) to ensure pharmacy access and choice for Medicare beneficiaries. It mandates PBMs to report on compensation and payment structures related to prescription drug prices. The bill requires PBMs to submit reports to group health plans and health insurance issuers, detailing compensation paid for covered drugs, differences between amounts paid to pharmacies and PBMs, and other relevant information.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Energy And Commerce Committee
Next
Committee decision

Sponsors

Democratic CaucusRepublican Caucus

History

Jul 10, 2025

House

Introduced in House

Jul 10, 2025

House

Referred to the Committee on Energy and Commerce, and in addition to the Committees on Education and Workforce, and 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.