Public comments on the proposed rule are submitted by the close of the 60-day comment period (i.e., the comment period closes).
Source summary
The U.S. Department of Labor’s Employee Benefits Security Administration proposed a rule requiring pharmacy benefit managers (PBMs) to disclose fees and compensation to fiduciaries of employer-sponsored self-insured group health plans. The disclosures would include manufacturer rebates, compensation when plan-paid prices exceed pharmacy reimbursements, and payments recouped from pharmacies; fiduciaries would be able to audit PBM reports. The proposal, issued under an ERISA service-provider prohibited transaction exemption, is open for public comment for 60 days after its Federal Register publication.
Next scheduled update: Feb 28, 2026
14 days