H.R. 7895119th CongressPlaced on the calendarLatest action Jul 2, 2026Decoded by AI · checked against the record
The plain-language version leads. The official text is always the reference.
The bill would ban PBMs from paying brokers or consultants to steer employer health plans toward them.
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The bill would amend federal retirement and benefits law to make it illegal for pharmacy benefit managers (PBMs) to pay brokers, consultants, or advisors, directly or indirectly, as a reward for steering an employer's health plan business toward that PBM. It would apply starting with health plan years beginning after enactment.
Employers who sponsor health plans, benefits brokers and consultants, and PBM companies would be directly affected; employees with employer-sponsored drug coverage could be indirectly affected.
Critics argue current hidden payments can bias consultant recommendations toward whichever PBM pays the most rather than the best deal for employees, so banning them changes how PBM selection advice is generated.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: it was placed on the House floor calendar, and the official record shows no floor action on it since. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Placed on the Union Calendar, Calendar No. 634.