1.0KFFhttps://www.kff.orgkffmeredithfhttps://www.kff.org/author/kffmeredithf/What to Know About Pharmacy Benefit Managers (PBMs) and Federal Efforts at Regulation | KFFrich600338<blockquote class="wp-embedded-content" data-secret="RJcN9Dx6rZ"><a href="https://www.kff.org/other-health/what-to-know-about-pharmacy-benefit-managers-pbms-and-federal-efforts-at-regulation/">What to Know About Pharmacy Benefit Managers (PBMs) and Federal Efforts at Regulation</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.kff.org/other-health/what-to-know-about-pharmacy-benefit-managers-pbms-and-federal-efforts-at-regulation/embed/#?secret=RJcN9Dx6rZ" width="600" height="338" title="“What to Know About Pharmacy Benefit Managers (PBMs) and Federal Efforts at Regulation” — KFF" data-secret="RJcN9Dx6rZ" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://www.kff.org/wp-content/uploads/sites/7/2025/12/In-2023-the-Top-3-PBMs-Managed-79-of-Prescription-Drug-Claims-in-the-U.S._FI.png1600900This brief provides an overview of the role of PBMs in managing pharmacy benefits, discusses federal efforts to reform certain PBM business practices, and explains the estimated federal budgetary impact of the recently enacted legislation, which would be a reduction in the federal deficit of $2.1 billion over 10 years, according to CBO.