Brokers must show payments from drug benefit managers.
This bill would make sure health plan brokers and consultants clearly show payments. These payments would come from companies managing prescription drug benefits or other health services. This would give employer health plans more transparency. The U.S. Department of Labor would create rules to implement this.
Today, federal law requires some disclosure from health plan service providers, but it is not explicitly clear for payments from pharmacy benefit managers and third-party administrators. After this bill, brokers and consultants working with employer health plans would be explicitly required to disclose direct and indirect payments from PBMs and TPAs. The Department of Labor would issue specific rules to guide this disclosure. These rules would take effect for plan years starting at least six months after they are finalized.
S 3349 · 119th Congress · December 4, 2025 · AI Summary by gemini-2.5-flash · 10/10
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2 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.