OFFICIAL LEGAL TITLE
Pharmacy Benefit Manager Accountability Study Act of 2021
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 117_S_298.
Which chamber initiated this legislation?
This legislation was initiated in the Senate.
When did the legislative process begin?
The process officially started on 2021-02-08.
What are the main provisions?
Key points include:
- Investigating how PBMs affect drug prices and whether they favor more expensive drugs with higher rebates.
- Analyzing how much of drug rebates go to patients versus how much PBMs retain.
- Developing recommendations for Congress to lower prescription drug costs and increase market competition.
What is the specific legal status?
The current status is Expired.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Sen. Blackburn, Marsha [R-TN].
What is the latest detailed status?
The latest detailed status is: Introduced in Senate
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.