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Requires companies that manage prescription drug benefits for employer and group health plans to share detailed, easy‑to‑read data on drug claims and spending with those plans. Reports must be machine‑readable and delivered at least every six months, or quarterly if requested.
The Secretary will set rules and enforce them, including civil penalties for failing to report or submitting false information. Privacy protections must follow HIPAA and HITECH. Plan participants can request summaries or claim‑level information about their own benefits and spending.
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Education and Workforce, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced March 27, 2025 by Kristen McDonald Rivet · Last progress 11 months ago