Requires large healthcare companies to sell off parts of their business to prevent conflicts of interest.
This bill would make it illegal for health insurance companies, pharmacy benefit managers, or drug/device wholesalers to also own doctor's offices, pharmacies, or other medical service providers. Companies that currently have these combined businesses would have one year to sell off one part of their operation. The goal is to boost competition and potentially lower costs for patients.
Today, large healthcare companies can own health insurance plans, pharmacy benefit managers, drug wholesalers, and also doctor's offices, pharmacies, or hospitals. This bill would change that by making it illegal for these types of businesses to be under common ownership. Companies would have one year to sell off one part of their business to separate these operations, aiming to reduce conflicts of interest and increase competition.
S 3822 · 119th Congress · AI Summary by gemini-2.5-flash · 9/10
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39 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.