A new US rule makes pharmacy benefit managers open their books to employers

Health & Life SciencesWork & TalentNorth America

What changed

The Labor Department finalised the rule on 29 October, and it was published on 2 November.
PBMs must disclose rebates, spread pricing and copay clawbacks before contracting, then every six months.
It takes effect 60 days after publication and applies to plan years from 1 July 2027.

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