Proposed rule

Improving Transparency Into Pharmacy Benefit Manager Fee Disclosure

Labor Department / Employee Benefits Security Administration

Federal Register summary (shortened to 600 characters)

The Department is proposing a regulation that would require providers of pharmacy benefit management services and affiliated providers of brokerage and consulting services to disclose information about their compensation to fiduciaries of self-insured group health plans subject to the Employee Retirement Income Security Act (ERISA). These disclosures are needed so that fiduciaries can assess the reasonableness of the contracts or arrangements with these service providers, including the reasonableness of the service providers' compensation. These disclosure requirements would apply for…

Read on FederalRegister.gov Official PDF (GovInfo)

Ohio Newsline lists this document because the Federal Register's own full-text search finds "Ohio" in it (the title and summary do not name Ohio). Nothing here is legal advice; the official text governs.