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PBM Fiduciary Bill Arrives with Bipartisan Support
BenefitsPro; registration may be required Link to more items from this source
Dec. 31, 2025

"[The] PBM Fiduciary, Accountability, Integrity and Reform Act, or PBM FAIR Act [S 3549], would add a PBM fiduciary section to ERISA section 3(21) ... The bill would also add a section to ERISA that would require PBMs and health plans' 'third party administrators' to give an employer plan sponsor or other 'responsible plan fiduciary' detailed compensation disclosures."  MORE >>

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