PBM Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 10362 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 10362 To prohibit pharmacy benefit managers and pharmacies from being under common ownership, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 11, 2024 Mrs. Harshbarger (for herself and Mr. Auchincloss) introduced the following bill; which was referred to the Committee on the Judiciary _______________________________________________________________________ A BILL To prohibit pharmacy benefit managers and pharmacies from being under common ownership, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Patients Before Monopolies Act of 2024'' or the ``PBM Act of 2024''. SEC. 2. PROHIBITIONS RELATING TO ANTICOMPETITIVE PHARMACY OWNERSHIP. (a) Prohibition on Pharmacy Ownership by Entities Providing Insurance or Pharmacy Benefit Management Services.-- (1) In general.--It shall be unlawful for any person…