12/19/2025
Congress is now considering legislation to bring greater transparency and accountability to PBMs.
The House PBM Reform Act (HR 4317) and the Senate PBM Price Transparency and Accountability Act would change how PBMs are allowed to operate in Medicare: https://ncpa.org/newsroom/executive-update/2025/12/12/deck-halls-hope-pbm-reform-ncpa-executive-update-december-12