This bill aims to prevent conflicts of interest in drug coverage for federal employees. It would stop the federal personnel office from working with any health plan carrier that owns or controls a pharmacy or a pharmacy benefit manager (PBM), or is owned or controlled by a PBM.

It also blocks contracts or subcontracts with PBMs that own or run any part of a pharmacy. The bill says it does not limit the powers of agencies like the Federal Trade Commission, Health and Human Services, or state attorneys general under other laws. It defines a PBM broadly to include companies that manage prescription drug benefits directly or through affiliates.

• Who is affected: Federal employees and families in the federal employee health program, plus the insurers, PBMs, and pharmacies that serve those plans.
• What changes: No contracts with health plan carriers that own or are owned by PBMs, or that own any part of a pharmacy; no contracts with PBMs that own any part of a pharmacy.
• When: The provided text does not state an effective date.