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Pharmacy Benefit Manager (PBM) Reform

March 6, 2025 – March 19, 2026

Where Things Stand

Both S. 882 and S. 3345 are currently stalled in the Senate Committee on Finance, halting efforts to mandate flat-fee models and ban spread pricing in Medicaid. Until these measures advance, Medicare patients remain subject to pricing structures where PBMs can retain drug rebates rather than passing savings directly to consumers.

The Facts

How We Got Here

Jan 15, 2026House Oversight Committee Chairman James Comer reported findings that the three largest PBMs colluded to inflate drug prices and undermine local pharmacies. [🚨]
Jan 10, 2026Senator Mike Crapo highlighted the enactment of initial bipartisan reforms aimed at preventing PBMs from steering patients toward affiliated pharmacies. [Pharmacy]
Dec 3, 2025S. 3345 was introduced to ban spread pricing in Medicaid and require pass-through pricing models. [S. 3345]

Key Statements

RRep. James Comer

GOPoversight exposed how the three largest PBMs colluded to line their own pockets. These self-benefitting tactics have done nothing but jeopardize patient care.

This post highlights the specific allegations of collusion and patient harm that drive the push for PBM reform.

SSen. Mike Crapo

Pharmacy benefit managers shouldn’t steer patients to affiliated pharmacies and treatments regardless of price or effectiveness.

This quote directly addresses the 'steering' practice that S. 882 and S. 3345 aim to restrict.

Who This Affects

10 groups

Conflicting

Helps

Policies

S. 882 and S. 3345 are complementary Senate bills; S. 882 focuses on Medicare rebate pass-throughs and flat fees, while S. 3345 targets Medicaid transparency and spread pricing. They are often discussed together as a package alongside House companion bills like HR 7148 to provide a comprehensive overhaul of PBM business practices.

Political Response

0 statements

Analysis generated by AI. Always verify with official sources.