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![handle is hein.congrecreports/crptxafwu0001 and id is 1 raw text is: AUTHENTICATED
U.GOVERNMENT
INFORMATION .
Ops
Calendar No. 266
118TH CONGRESS
1st Session J
SENATE
I
REPORT
118-122
THE MODERNIZING AND ENSURING PBM
ACCOUNTABILITY ACT
DECEMBER 7, 2023.-Ordered to be printed
Mr. WYDEN, from the Committee on Finance,
submitted the following
R E P O R T
[To accompany S. 2973]
The Committee on Finance, to which was referred the bill (S.
2973) to amend titles XVIII and XIX of the Social Security Act to
establish requirements relating to pharmacy benefit managers
under Medicare and Medicaid programs, and for other purposes, re-
ports favorably thereon with an amendment, in the nature of a
substitute, and that the bill, as amended, do pass.
CONTENTS
I. LEGISLATIVE BACKGROUND .....................................................................
II. EXPLANATION OF THE BILL ......................................................................
III. BUDGET EFFECTS OF THE BILL ...............................................................
IV. VOTES OF THE COMMITTEE ......................................................................
V. REGULATORY IMPACT AND OTHER MATTERS .....................................
VI. CHANGES IN EXISTING LAW MADE BY THE BILL, AS REPORTED
Page
1
6
20
21
21
21
I. LEGISLATIVE BACKGROUND
The Committee on Finance, having considered S. 2973, a bill to
amend titles XI, XVIII, and XIX of the Social Security Act to lower
prescription drug prices and strengthen safeguards related to pre-
scription drugs, and for other purposes, reported favorably thereon
that the bill as modified by the Committee do pass.
49-010](ViewImageLocal?handle=hein.congrecreports/crptxafwu0001&div=1&collection=&method=preview&ext=.png&size=3)