Elizabeth Warren (D-MA)

PBM Act

S. 4509 · Senate bill Health

A Democratic bill with 2 Republican cosponsors · See all 3 cosponsors

Last activity — Read twice and referred to the Committee on the Judiciary.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

The "Patients Before Monopolies Act" aims to prohibit the common ownership of pharmacies and pharmacy benefit managers or insurance companies. It targets large health care conglomerates that are vertically integrated, which the bill suggests can reduce competition and increase drug costs. Under this law, any entity owning both a pharmacy and a pharmacy benefit manager or insurance company must divest their pharmacy business within one year. The bill empowers the FTC and DOJ to enforce these separations and block future transactions that create these conflicts. It also establishes legal avenues for federal agencies, state attorneys general, and private citizens to bring civil actions.

Yes· 3 of 7

  • Scored +8

    Does this lower the price of prescription medicines?

    The bill aims to lower drug costs by eliminating the incentive for vertically integrated companies to steer business to their own pharmacies.

  • Scored +7

    Does this give people more protection from unfair business practices?

    The bill protects consumers from higher prescription drug costs caused by vertical integration and self-preferencing.

  • Scored +6

    Would business owners be better off under this?

    Independent pharmacy owners are protected from the market pressure exerted by large pharmacy benefit managers.

The opposite

No question was scored the opposite.