Story perspectives

New Bill Aims to Boost Prescription Drug Price Transparency

12/7/2025

Summary

Story summary

U.S. Senators Ron Wyden (D-Oregon) and Mike Crapo (R-Idaho) introduced the Pharmacy Benefit Manager (PBM) Price Transparency and Accountability Act to increase transparency in federal prescription drug programs.
The act would delink PBM compensation from negotiated rebates, increase reporting requirements, and protect independent pharmacies.
U.S. Senator Michael Bennet (D-Colorado) and several others co-sponsored the bill to push for accountability in drug pricing and lower costs for Americans, especially Medicare seniors.

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Story summary

U.S. Senators Ron Wyden (D-Oregon) and Mike Crapo (R-Idaho) introduced the Pharmacy Benefit Manager (PBM) Price Transparency and Accountability Act to increase transparency in federal prescription drug programs.
The act would delink PBM compensation from negotiated rebates, increase reporting requirements, and protect independent pharmacies.
U.S. Senator Michael Bennet (D-Colorado) and several others co-sponsored the bill to push for accountability in drug pricing and lower costs for Americans, especially Medicare seniors.