Bipartisan Lawmakers Reintroduce Bill to Restrict PBM Ownership of Pharmacies
A bipartisan group of U.S. lawmakers has reintroduced the Patients Before Monopolies (PBM) Act, which aims to prevent companies from owning both a pharmacy benefit manager (PBM) and retail pharmacies. The bill, led by Rep. Diana Harshbarger, R-Tennessee, and co-sponsored by Rep. Jake Auchincloss, D-Massachusetts, along with Senators Elizabeth Warren, D-Massachusetts, and Josh Hawley, R-Missouri, seeks to dismantle conglomerates that control both sectors. The legislation has been in discussion since 2024, with similar laws already enacted in Arkansas and pending in Tennessee. The bill is part of a broader effort to address corporate practices that lawmakers argue inflate drug costs and limit consumer choice.