Floor Vote ScheduledFiled Mar 12, 2026
Sponsor: Rep. Allen, Rick W. [R-GA-12] (R)
Latest Action
Placed on the Union Calendar, Calendar No. 634.
Jul 2, 2026
Summary
The bill amends the Employee Retirement Income Security Act to bar pharmacy benefit managers from paying brokers, consultants, advisors, or any other party for referring business from a covered plan or health insurer. It applies to contracts between covered plans and PBM service providers and takes effect for plan years that begin after enactment. The aim is to eliminate hidden payments that can increase costs for plan participants.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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