Patients Before Middlemen Act This bill establishes certain standards and reporting requirements for prescription drug plan (PDP) sponsors, pharmacy benefit managers (PBMs), and pharmacies under the Medicare prescription drug benefit and Medicare Advantage. Specifically, the Centers for Medicare & Medicaid Services (CMS) must develop reasonable and relevant standards for contracts between PDP sponsors and pharmacies. The CMS must seek input from interested stakeholders when developing these standards. PDP sponsors are subject to civil penalties for violating these standards; PBMs must reimburse PDP sponsors for civil penalties that result from their responsibilities. The bill also requires the CMS to report periodically on essential retail pharmacies (i.e., pharmacies that serve as the only pharmacy within a certain radius) with respect to costs, contracts, and other specified information, particularly in relation to other types of pharmacies. Additionally, PBMs may not receive any income other than flat, bona fide service fees. PBMs must turn over any excess amounts they receive to PDP sponsors; PDP sponsors must turn over these amounts to the CMS. In addition, PBMs must report to PDP sponsors and to the CMS an itemized list of prescription drugs that were dispensed during the previous year and related data about costs, claims, affiliated pharmacies, and other specified information. PDP sponsors may audit PBMs to ensure compliance with these requirements and must annually certify their compliance; PBMs are responsible for any associated civil penalties for violations. The bill's changes generally apply beginning in 2028.
Read twice and referred to the Committee on Finance.
Bruce Westerman bought PFE
Bill introduced
Carol D. Miller sold PFE
Jared Moskowitz sold ELV
Jared Moskowitz sold ELV
Carol D. Miller sold PFE
Read twice and referred to the Committee on Finance.
| Registrant | Client | Amount | Filed | Period | Issues |
|---|---|---|---|---|---|
| AMERICA'S HEALTH INSURANCE PLANS, INC. (AHIP) | AMERICA'S HEALTH INSURANCE PLANS INC (AHIP) | $483.0M | Apr 21, 2025 | 2025Q1 | HCRMMMINS |
| PFIZER INC. | PFIZER INC. | $424.0M | Apr 21, 2025 | 2025Q1 | BUDHCRMMM |
| PHARMACEUTICAL CARE MANAGEMENT ASSOCIATION |
Congress members who traded stocks in companies connected to lobbying on this bill, within 90 days of its introduction date.
| Member | Party | Ticker | Company | Trade | Date | Amount | Timing | Lobbying Client | Conflict |
|---|---|---|---|---|---|---|---|---|---|
| Bruce Westerman | R | PFE | PFIZER INC | Buy | Mar 3, 2025 | $1,001 - $15,000 | 3d before | PFIZER INC. | 37% |
| Carol D. Miller | R | PFE |
44 trades by 12 members of Congress in companies connected to lobbying on S 882. The average conflict score is 34%.
CapitolExposed identifies the "bill-lobbying-trade pipeline" by: (1) finding lobbying filings (LD-2) that specifically mention this bill, (2) matching lobbying clients to publicly traded companies, and (3) finding stock trades by members of Congress in those companies within 90 days of the bill's introduction date. Trades made before the bill was introduced are highlighted in red, as they may indicate advance knowledge. This analysis surfaces correlations worthy of scrutiny; it does not prove wrongdoing.
Lobbying filed by AMERICA'S HEALTH INSURANCE PLANS INC (AHIP)
Lobbying filed by PFIZER INC.
Lobbying filed by PHARMACEUTICAL CARE MANAGEMENT ASSOCIATION
Lobbying filed by CVS HEALTH (AND SUBSIDIARIES)
Lobbying filed by AMERICA'S HEALTH INSURANCE PLANS INC (AHIP)
| PHARMACEUTICAL CARE MANAGEMENT ASSOCIATION |
| $411.3M |
| Apr 21, 2025 |
| 2025Q1 |
MMMHCRPHA |
| AMERICA'S HEALTH INSURANCE PLANS, INC. (AHIP) | AMERICA'S HEALTH INSURANCE PLANS INC (AHIP) | $405.0M | Jul 21, 2025 | 2025Q2 | HCRMMMINS |
| CVS HEALTH (AND SUBSIDIARIES) | CVS HEALTH (AND SUBSIDIARIES) | $346.0M | Apr 21, 2025 | 2025Q1 | PHATAXMMM |
| PHARMACEUTICAL CARE MANAGEMENT ASSOCIATION | PHARMACEUTICAL CARE MANAGEMENT ASSOCIATION | $342.9M | Jul 21, 2025 | 2025Q2 | MMMHCRPHA |
| ELEVANCE HEALTH, INC. | ELEVANCE HEALTH, INC. | $252.0M | Apr 21, 2025 | 2025Q1 | HCRINSMMM |
| CVS HEALTH (AND SUBSIDIARIES) | CVS HEALTH (AND SUBSIDIARIES) | $181.0M | Jul 21, 2025 | 2025Q2 | PHATAXMMM |
| GSK (FKA GLAXOSMITHKLINE INC.) | GSK (FKA GLAXOSMITHKLINE INC.) | $151.0M | Jul 21, 2025 | 2025Q2 | BUDCPTHCR |
| ELEVANCE HEALTH, INC. | ELEVANCE HEALTH, INC. | $138.0M | Jul 21, 2025 | 2025Q2 | HCRINSMMM |
| EMD SERONO, INC. | EMD SERONO INC | $91.0M | Jul 21, 2025 | 2025Q2 | HCRMMMPHA |
| EMD SERONO, INC. | EMD SERONO INC | $90.0M | Apr 21, 2025 | 2025Q1 | SCITRDHCR |
| GSK (FKA GLAXOSMITHKLINE INC.) | GSK (FKA GLAXOSMITHKLINE INC.) | $80.0M | Apr 21, 2025 | 2025Q1 | BUDCPTHCR |
| NATIONAL ASSOCIATION OF CHAIN DRUG STORES | NATIONAL ASSOCIATION OF CHAIN DRUG STORES | $69.0M | Jul 18, 2025 | 2025Q2 | PHAMMMBUD |
| CAMBIA HEALTH SOLUTIONS | CAMBIA HEALTH SOLUTIONS | $63.0M | Jul 18, 2025 | 2025Q2 | HCRMMM |
| CAMBIA HEALTH SOLUTIONS | CAMBIA HEALTH SOLUTIONS | $62.0M | Apr 21, 2025 | 2025Q1 | HCRMMM |
| FOOD MARKETPLACE INC. | FOOD MARKETPLACE INC | $42.0M | Apr 21, 2025 | 2025Q1 | AGRCSPENV |
| NATIONAL ASSOCIATION OF CHAIN DRUG STORES | NATIONAL ASSOCIATION OF CHAIN DRUG STORES | $36.0M | Apr 18, 2025 | 2025Q1 | PHAMMMBUD |
| NATIONAL COMMUNITY PHARMACISTS ASSOCIATION | NATIONAL COMMUNITY PHARMACISTS ASSOCIATION | $35.0M | Jul 21, 2025 | 2025Q2 | ALCMMMPHA |
| NATIONAL COMMUNITY PHARMACISTS ASSOCIATION | NATIONAL COMMUNITY PHARMACISTS ASSOCIATION | $34.0M | Apr 21, 2025 | 2025Q1 | ALCMMMPHA |
| FOOD MARKETPLACE INC. | FOOD MARKETPLACE INC | $31.0M | Jul 21, 2025 | 2025Q2 | MONPHAAGR |
| AMERICAN COLLEGE OF RHEUMATOLOGY | AMERICAN COLLEGE OF RHEUMATOLOGY | $18.0M | Jul 21, 2025 | 2025Q2 | HCRBUDMMM |
| AMERICAN COLLEGE OF RHEUMATOLOGY | AMERICAN COLLEGE OF RHEUMATOLOGY | $8.0M | Apr 21, 2025 | 2025Q1 | HCRBUDMMM |
| INDEPENDENT PHARMACY COOPERATIVE | INDEPENDENT PHARMACY COOPERATIVE | $5.0M | Jul 17, 2025 | 2025Q2 | PHA |
| INDEPENDENT PHARMACY COOPERATIVE | INDEPENDENT PHARMACY COOPERATIVE | $4.0M | Apr 12, 2025 | 2025Q1 | PHA |
| CARPI & CLAY, INC | DENMARK ASHBY LLC ON BEHALF OF CLAYTON COUNTY ENTITIES | $1.0M | Jan 17, 2025 | 2024Q4 | AVIBUD |
| CARPI & CLAY, INC | DENMARK ASHBY LLC ON BEHALF OF CLAYTON COUNTY ENTITIES | $1.0M | Oct 21, 2024 | 2024Q3 | AVIBUD |
| CARPI & CLAY, INC | DENMARK ASHBY LLC ON BEHALF OF CLAYTON COUNTY ENTITIES | $1.0M | Jul 18, 2024 | 2024Q2 | AVIBUD |
| CARPI & CLAY, INC | DENMARK ASHBY LLC ON BEHALF OF CLAYTON COUNTY ENTITIES | $1.0M | Apr 16, 2024 | 2024Q1 | AVIBUD |
| WAKEFERN FOOD CORP. | WAKEFERN FOOD CORP. | Undisclosed | Jul 15, 2025 | 2025Q2 | PHALAWAGR |
| WAKEFERN FOOD CORP. | WAKEFERN FOOD CORP. | Undisclosed | Apr 14, 2025 | 2025Q1 | PHALAWAGR |
| PFIZER INC |
| Sell |
| Mar 10, 2025 |
| $1,001 - $15,000 |
| 4d after |
| PFIZER INC. |
| 38% |
| Jared Moskowitz | D | ELV | DC Elevance Health, Inc. | Sell | Mar 10, 2025 | $1,001 - $15,000 | 4d after | ELEVANCE HEALTH, INC. | 37% |
| Jared Moskowitz | D | ELV | DC Elevance Health, Inc. | Sell | Mar 10, 2025 | $1,001 - $15,000 | 4d after | ELEVANCE HEALTH, INC. | 37% |
| Carol D. Miller | R | PFE | PFIZER INC | Sell | Mar 10, 2025 | $15,001 - $50,000 | 4d after | PFIZER INC. | 1% |
| Gilbert Ray Cisneros, Jr. | D | PFE | PFIZER INC | Buy | Feb 26, 2025 | $1,001 - $15,000 | 8d before | PFIZER INC. | 36% |
| Robert P. Bresnahan, Jr. | R | PFE | PFIZER INC | Buy | Feb 25, 2025 | $15,001 - $50,000 | 9d before | PFIZER INC. | 41% |
| Jefferson Shreve | R | ELV | DC Elevance Health, Inc. | Buy | Feb 24, 2025 | $15,001 - $50,000 | 10d before | ELEVANCE HEALTH, INC. | 36% |
| Jefferson Shreve | R | PFE | PFIZER INC | Buy | Feb 24, 2025 | $15,001 - $50,000 | 10d before | PFIZER INC. | 36% |
| John Boozman | R | PFE | PFIZER INC | Sell | Feb 13, 2025 | $1,001 - $15,000 | 21d before | PFIZER INC. | 36% |
| John Boozman | R | PFE | PFIZER INC | Sell | Feb 13, 2025 | $1,001 - $15,000 | 21d before | PFIZER INC. | 36% |
| Julie Johnson | D | PFE | PFIZER INC | Sell | Feb 12, 2025 | $1,001 - $15,000 | 22d before | PFIZER INC. | 36% |
| Gilbert Ray Cisneros, Jr. | D | PFE | PFIZER INC | Sell | Mar 31, 2025 | $15,001 - $50,000 | 25d after | PFIZER INC. | 36% |
| Robert P. Bresnahan, Jr. | R | PFE | PFIZER INC | Sell | Apr 8, 2025 | $15,001 - $50,000 | 33d after | PFIZER INC. | 41% |
| Robert P. Bresnahan, Jr. | R | K | K | Buy | Apr 8, 2025 | $1,001 - $15,000 | 33d after | GSK (FKA GLAXOSMITHKLINE INC.) | 37% |
| Robert P. Bresnahan, Jr. | R | K | K | Buy | Apr 8, 2025 | $1,001 - $15,000 | 33d after | DENMARK ASHBY LLC ON BEHALF OF CLAYTON COUNTY ENTITIES | 37% |
| Robert P. Bresnahan, Jr. | R | K | K | Buy | Apr 8, 2025 | $1,001 - $15,000 | 33d after | FOOD MARKETPLACE INC | 37% |
| Robert P. Bresnahan, Jr. | R | K | K | Buy | Apr 8, 2025 | $1,001 - $15,000 | 33d after | WAKEFERN FOOD CORP. | 37% |
| Dan Newhouse | R | ELV | DC Elevance Health, Inc. | Sell | Apr 11, 2025 | $1,001 - $15,000 | 36d after | ELEVANCE HEALTH, INC. | 32% |
| Jefferson Shreve | R | PFE | PFIZER INC | Sell | Apr 11, 2025 | $15,001 - $50,000 | 36d after | PFIZER INC. | 32% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Jan 24, 2025 | $1,001 - $15,000 | 41d before | FOOD MARKETPLACE INC | 32% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Jan 24, 2025 | $1,001 - $15,000 | 41d before | GSK (FKA GLAXOSMITHKLINE INC.) | 32% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Jan 24, 2025 | $1,001 - $15,000 | 41d before | WAKEFERN FOOD CORP. | 32% |
| Gilbert Ray Cisneros, Jr. | D | PFE | PFIZER INC | Sell | Jan 24, 2025 | $1,001 - $15,000 | 41d before | PFIZER INC. | 32% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Jan 24, 2025 | $1,001 - $15,000 | 41d before | DENMARK ASHBY LLC ON BEHALF OF CLAYTON COUNTY ENTITIES | 32% |
| Bruce Westerman | R | PFE | PFIZER INC | Sell | Apr 21, 2025 | $1,001 - $15,000 | 46d after | PFIZER INC. | 14% |
| Julie Johnson | D | PFE | PFIZER INC | Sell | Jan 15, 2025 | $1,001 - $15,000 | 50d before | PFIZER INC. | 36% |
| Robert P. Bresnahan, Jr. | R | ELV | DC Elevance Health, Inc. | Sell | Jan 13, 2025 | $1,001 - $15,000 | 52d before | ELEVANCE HEALTH, INC. | 37% |
| Robert P. Bresnahan, Jr. | R | ELV | DC Elevance Health, Inc. | Sell | Jan 13, 2025 | $1,001 - $15,000 | 52d before | ELEVANCE HEALTH, INC. | 37% |
| Val T. Hoyle | D | ELV | DC Elevance Health, Inc. | Sell | Jan 13, 2025 | $1,001 - $15,000 | 52d before | ELEVANCE HEALTH, INC. | 36% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Apr 29, 2025 | $1,001 - $15,000 | 54d after | FOOD MARKETPLACE INC | 36% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Apr 29, 2025 | $1,001 - $15,000 | 54d after | DENMARK ASHBY LLC ON BEHALF OF CLAYTON COUNTY ENTITIES | 36% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Apr 29, 2025 | $1,001 - $15,000 | 54d after | GSK (FKA GLAXOSMITHKLINE INC.) | 36% |
| Gilbert Ray Cisneros, Jr. | D | ELV | DC Elevance Health, Inc. | Buy | Apr 29, 2025 | $1,001 - $15,000 | 54d after | ELEVANCE HEALTH, INC. | 36% |
| Gilbert Ray Cisneros, Jr. | D | K | K | Buy | Apr 29, 2025 | $1,001 - $15,000 | 54d after | WAKEFERN FOOD CORP. | 36% |
| Gilbert Ray Cisneros, Jr. | D | PFE | PFIZER INC | Buy | Apr 29, 2025 | $1,001 - $15,000 | 54d after | PFIZER INC. | 36% |
| Jefferson Shreve | R | ELV | DC Elevance Health, Inc. | Sell | May 12, 2025 | $15,001 - $50,000 | 67d after | ELEVANCE HEALTH, INC. | 32% |
| Robert P. Bresnahan, Jr. | R | PFE | PFIZER INC | Buy | May 15, 2025 | $15,001 - $50,000 | 70d after | PFIZER INC. | 41% |
| Robert P. Bresnahan, Jr. | R | ELV | DC Elevance Health, Inc. | Sell | May 15, 2025 | $15,001 - $50,000 | 70d after | ELEVANCE HEALTH, INC. | 41% |
| Gilbert Ray Cisneros, Jr. | D | PFE | PFIZER INC | Buy | May 30, 2025 | $1,001 - $15,000 | 85d after | PFIZER INC. | 21% |
| Gilbert Ray Cisneros, Jr. | D | ELV | DC Elevance Health, Inc. | Sell | May 30, 2025 | $1,001 - $15,000 | 85d after | ELEVANCE HEALTH, INC. | 21% |
| Ron Wyden | D | PFE | PFIZER INC | Sell | Jun 3, 2025 | $1,001 - $15,000 | 89d after | PFIZER INC. | 43% |
| Ron Wyden | D | PFE | PFIZER INC | Sell | Jun 3, 2025 | $1,001 - $15,000 | 89d after | PFIZER INC. | 43% |
| Josh Gottheimer | D | PFE | PFIZER INC | Sell | Jun 3, 2025 | $1,001 - $15,000 | 89d after | PFIZER INC. | 36% |