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Exclusive | Drug Middlemen Will Soon Have to Share Details on How They Are Paid

The Wall Street JournalView source article

Part of story

Labor Department finalizes rule requiring PBMs to disclose fees and compensation

The Trump administration finalized a sweeping regulation requiring pharmacy benefit managers to share detailed fee and compensation data with self-funded employer clients starting in 2027. Employers praised the transparency measure while PBMs criticized it as burdensome.

Oct 28, 2026·3 sourcesDrug pricingFederal agenciesPharmacy benefit managersDrug Policy, Pricing & ApprovalGovernment and Regulatory PolicyTrump administrationHealthcare Access and InsuranceEmployee Retirement Income Security Act
Labor Department finalizes rule requiring PBMs to disclose fees and compensation
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Other sources for this story

Healthcare Dive

Labor Department finalizes sweeping PBM disclosure rule

STAT News

New federal rule will require prescription drug middlemen to share secret payments data