What does Preamble of PBM Kickback Prohibition Act do?

This bill proposes to amend section 408 of the Employee Retirement Income Security Act of 1974. The stated purpose of the bill is to prohibit kickbacks to pharmacy benefit managers.

What does SHORT TITLE. of PBM Kickback Prohibition Act do?

This bill is formally titled the PBM Kickback Prohibition Act.

What does PBM KICKBACK PROHIBITION. of PBM Kickback Prohibition Act do?

This section amends Section 408(b)(2)(B) of the Employee Retirement Income Security Act. The amendment prohibits payments from pharmacy benefit managers (PBMs) to brokers or consultants for referring business. The prohibition applies to contracts between covered plans and covered service providers for pharmacy benefit management services. The amendment applies to plan years beginning after the date of enactment of this Act.

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PBM Kickback Prohibition Act

Last updated: 3/12/2026 · Introduced: 3/12/2026

Author: Rick Allen (R-GA)

TL;DR (AI)

This bill prohibits pharmacy benefit managers (PBMs) from making payments to brokers or consultants for referring business.
The legislation amends the Employee Retirement Income Security Act of 1974 to apply this prohibition to contracts for pharmacy benefit management services.
These restrictions take effect for plan years beginning after the bill's enactment.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

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