"The Consolidated Appropriations Act, 2026 (CAA 2026) ... includes a very significant and long-awaited set of reforms designed primarily to address pharmacy benefit manager (PBM) prescription drug pricing and compensation structures. These new rules that apply in 2029 will require PBM contractual protections for employer data access, extensive PBM reporting standards to employers, new employee notice requirements, disclosure enhancements, and a pass-through compensation mandate."  MORE >>