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The bill requires PBMs to be licensed and end the practice of spread pricing, among other requirements.
Thirty-four MA plans earned 5 stars in 2026 star ratings.
The legislation is endorsed by numerous healthcare groups, including the American Hospital Association.
Reliance on the “big three” PBMs – CVS Caremark, Express Scripts and Optum Rx – has been slipping over the past year.
The group says an “unchecked” model would undermine the goal of allowing safety net providers to stretch federal resources.
PBMs’ overseas group purchasing organizations may be used to avoid transparency and oversight, committee says.
The company says broad tariffs would raise costs, limit patient access and undermine domestic manufacturing.
The bill would alter the 340B statute so that covered entities can use contract pharmacies to dispense outpatient drugs.
Lawmakers accuse UHG of failing continuously to protect patient health information from cyberattacks.
The bill would fine health insurance companies that fail to pay physicians within 30 days after losing the IDR process.
