Article
From Proposal To Final Rule: DOL’s Long-Awaited Final PBM Fee Disclosure Rule Includes Significant Changes And Clarifications
The Department of Labor has issued a final rule requiring pharmacy benefit managers to disclose direct and indirect compensation to large self-insured group health plans, establishing new transparency requirements and audit rights. Expected to reduce prescription drug costs by $22 billion over the next decade, these regulations fundamentally reshape how PBMs report manufacturer payments, spread compensation, and other revenue streams to plan fiduciaries.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
