NO PBMs Act
12/7/2023, 5:06 PMSummary of Bill S 2436
Bill 118 s 2436, also known as the NO PBMs Act, is a piece of legislation currently being considered in the US Congress. The bill aims to address issues related to pharmacy benefit managers (PBMs), which are companies that manage prescription drug benefits on behalf of health insurers and employers.The main goal of the NO PBMs Act is to increase transparency and accountability in the PBM industry. The bill would require PBMs to disclose information about their pricing practices, including the discounts and rebates they negotiate with drug manufacturers. This information would help to ensure that patients and insurers are getting the best possible prices for prescription drugs.
Additionally, the bill would prohibit PBMs from engaging in certain practices that have been criticized for driving up drug prices. For example, PBMs would be banned from imposing gag clauses on pharmacists, which prevent them from informing patients about lower-cost alternatives to their prescribed medications. PBMs would also be prohibited from engaging in spread pricing, where they charge insurers more for a drug than they pay pharmacies for it. Overall, the NO PBMs Act aims to promote transparency, competition, and affordability in the prescription drug market. By holding PBMs accountable for their pricing practices and prohibiting certain anti-competitive behaviors, the bill seeks to ensure that patients have access to affordable medications.
Read the Full Bill
Current Status of Bill S 2436
Bill S 2436 is currently in the status of Bill Introduced since July 20, 2023. Bill S 2436 was introduced during Congress 118 and was introduced to the Senate on July 20, 2023. Bill S 2436's most recent activity was Read twice and referred to the Committee on Finance. as of July 20, 2023Bipartisan Support of Bill S 2436
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 2436
Primary Policy Focus
HealthAlternate Title(s) of Bill S 2436
NO PBMs ActNO PBMs ActNeighborhood Options for Patients Buying Medicines ActA bill to amend title XVIII of the Social Security Act to assure pharmacy access and choice for Medicare beneficiaries.Comments
Most relevant
Sponsors and Cosponsors of S 2436
Latest Bills
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to "Review of Final Rule Reclassification of Major Sources as Area Sources Under Section 112 of the Clean Air Act".
Bill HJRES 79April 8, 2025
Medicare Dental, Vision, and Hearing Benefit Act of 2025
Bill HR 2045April 8, 2025
Lactation Spaces for Veteran Moms Act
Bill HR 1646April 8, 2025
DMEPOS Relief Act of 2025
Bill HR 2005April 8, 2025
Physicians for Underserved Areas Act
Bill S 1044April 8, 2025
NICS Data Reporting Act
Bill HR 2267April 8, 2025
Providing for consideration of the joint resolution (S.J. Res. 18) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions"; providing for consideration of the joint resolution (S.J. Res. 28) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications"; providing for consideration of the bill (H.R. 1526) to amend title 28, United States Code, to limit the authority of district courts to provide injunctive relief, and for other purposes; providing for consideration of the bill (H.R. 22) to amend the National Voter Registration Act of 1993 to require proof of United States citizenship to register an individual to vote in elections for Federal office, and for other purposes; and for other purposes.
Bill HRES 294April 8, 2025
Providing for consideration of the joint resolution (H.J. Res. 25) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales"; providing for consideration of the bill (H.R. 1156) to amend the CARES Act to extend the statute of limitations for fraud under certain unemployment programs, and for other purposes; providing for consideration of the bill (H.R. 1968) making further continuing appropriations and other extensions for the fiscal year ending September 30, 2025, and for other purposes; and for other purposes.
Bill HRES 211April 8, 2025
SAVE Act
Bill HR 22April 8, 2025
A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".
Bill SJRES 18April 8, 2025
NO PBMs Act
Bill HR 5400December 19, 2024