[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6703 Introduced in House (IH)]

<DOC>






119th CONGRESS
  1st Session
                                H. R. 6703

            To ensure access to affordable health insurance.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           December 15, 2025

Mrs. Miller-Meeks introduced the following bill; which was referred to 
the Committee on Energy and Commerce, and in addition to the Committees 
  on Education and Workforce, and Ways and Means, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
  of such provisions as fall within the jurisdiction of the committee 
                               concerned

_______________________________________________________________________

                                 A BILL


 
            To ensure access to affordable health insurance.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Lower Health Care Premiums for All 
Americans Act''.

           TITLE I--IMPROVING HEALTH CARE OPTIONS FOR WORKERS

SEC. 101. ASSOCIATION HEALTH PLANS.

    (a) Treatment of Group or Association of Employers.--Section 3(5) 
of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 
1002(5)) is amended by inserting after ``capacity'' the following: 
``(including, for the purpose of establishing or maintaining a group 
health plan, a group or association of employers that satisfies the 
requirements of section 736(a))''.
    (b) Rules Applicable to Group Health Plans Established and 
Maintained by a Group or Association of Employers.--
            (1) In general.--Part 7 of subtitle B of title I of the 
        Employee Retirement Income Security Act of 1974 (29 U.S.C. 
        1181, et seq.) is amended by adding at the end the following:

``SEC. 736. RULES APPLICABLE TO GROUP HEALTH PLANS ESTABLISHED AND 
              MAINTAINED BY A GROUP OR ASSOCIATION OF EMPLOYERS.

    ``(a) Association Health Plans.--A group or association of 
employers may maintain a group health plan, regardless of whether the 
employers composing such group or association are in the same industry, 
trade, or profession, if such group or association satisfies the 
following requirements:
            ``(1) Group or association requirements.--The group or 
        association of employers--
                    ``(A) shall--
                            ``(i) have been formed and maintained in 
                        good faith for purposes other than providing 
                        health insurance coverage through a group 
                        health plan;
                            ``(ii) establish a governing board or 
                        another indicator of formality as described in 
                        paragraph (2); and
                            ``(iii) have existed for at least 2 years 
                        prior to offering a group health plan to the 
                        employees of such group or association; and
                            ``(iv) make health insurance coverage under 
                        the group health plan offered by such group or 
                        association available--
                                    ``(I) to at least 51 employees; and
                                    ``(II) to all employees of the 
                                employer members, and any dependents of 
                                such employees;
                    ``(B) may only provide health insurance coverage 
                through the group health plan of the group or 
                association--
                            ``(i) to an employee of an employer member 
                        of the group or association or a dependent of 
                        such an employee; or
                            ``(ii) as necessary to comply with part 6;
                    ``(C) may include a health insurance issuer as an 
                employer member, except that the group or association 
                may not--
                            ``(i) be a health insurance issuer; or
                            ``(ii) be controlled or owned by a health 
                        insurance issuer (or a subsidiary or affiliate 
                        of a health insurance issuer).
                    ``(D) may not condition the membership of an 
                employer in the group or association on any health 
                status-related factor (as described in section 
                702(a)(1)) relating to any employee or dependent of any 
                employee of any employer member.
            ``(2) Organizational requirements.--
                    ``(A) Governing board or formal organization of the 
                group or association.--
                            ``(i) In general.--The group or association 
                        shall have--
                                    ``(I) a formal organizational 
                                structure with a governing board and 
                                by-laws; or
                                    ``(II) another structure or 
                                indicator of formality.
                            ``(ii) Requirement.--Both structures 
                        described in subclauses (I) and (II) of clause 
                        (i) shall comply with the requirements 
                        described in subparagraph (B).
                    ``(B) Formal organization structure of group or 
                association.--
                            ``(i) In general.--The functions and 
                        activities of the group or association shall be 
                        controlled by the employer members in substance 
                        and in fact.
                            ``(ii) Control.--The control described in 
                        clause (i) shall be satisfied so long as at 
                        least 75 percent of the positions on the board 
                        or other formal organizational structure are 
                        held by employer members.
                            ``(iii) Elections.--Each position of the 
                        governing board or other formal organizational 
                        structure shall be subject to scheduled 
                        elections, as determined by the group or 
                        association, and each employer-member shall be 
                        able to cast only one vote in each such 
                        election.
                    ``(C) Group health plan requirements.--
                            ``(i) Control.--The group health plan shall 
                        be controlled in substance and in fact by 
                        employer members participating in the group 
                        health plan.
                            ``(ii) Eligibility verification.--A plan 
                        fiduciary shall verify, on a regular basis and 
                        pursuant to reasonable monitoring procedures as 
                        established by the plan fiduciary, whether an 
                        individual is a self-employed individual if 
                        such individual (or a beneficiary thereof) 
                        participates in the group health plan on the 
                        basis that such individual is a self-employed 
                        individual.
                            ``(iii) Ineligible self-employed 
                        individuals.--
                                    ``(I) In general.--Subject to 
                                subclause (II) and except as required 
                                under part 6, in the case that the plan 
                                fiduciary determines that an individual 
                                who participates in the group health 
                                plan no longer meets the requirements 
                                under a self-employed individual during 
                                a plan year, the group health plan 
                                shall not make health insurance 
                                coverage available to such individual 
                                for any plan year following the plan 
                                year in which such determination was 
                                made.
                                    ``(II) Remedial action.--If, after 
                                the plan fiduciary determines that an 
                                individual described in clause (i) is 
                                not a self-employed individual, the 
                                individual furnishes to the plan 
                                fiduciary evidence proving that such 
                                individual is a self-employed 
                                individual, such individual shall be 
                                eligible to participate in the group 
                                health plan.
            ``(3) Discrimination and pre-existing condition 
        protections.--A group health plan established and maintained by 
        the group or association of employers under this section may 
        not--
                    ``(A) establish any rule for eligibility (including 
                continued eligibility) of any individual (including an 
                employee of an employer member or a self-employed 
                individual, or a dependent of such employee or self-
                employed individual) to enroll for benefits under the 
                terms of the plan that discriminates based on any 
                health status-related factor that relates to such 
                individual (consistent with the rules under section 
                702(a)(1));
                    ``(B) require an individual (including an employee 
                of an employer member or a self-employed individual, or 
                a dependent of such employee or self-employed 
                individual), as a condition of enrollment or continued 
                enrollment under the plan, to pay a premium or 
                contribution that is greater than the premium or 
                contribution for a similarly situated individual 
                enrolled in the plan based on any health status-related 
                factor that relates to such individual (consistent with 
                the rules under section 702(b)(1)); and
                    ``(C) deny coverage under such plan on the basis of 
                a pre-existing condition (consistent with the rules 
                under section 2704 of the Public Health Service Act).
    ``(b) Premium Rates for a Group or Association of Employers.--
            ``(1) In general.--A group health plan established and 
        maintained by a group or association of employers that meets 
        that requirements of this section may, to the extent not 
        prohibited under State law--
                    ``(A) establish base premium rates formed on an 
                actuarially sound, modified community rating 
                methodology that considers the pooling of all plan 
                participant claims; and
                    ``(B) utilize the specific risk profile of each 
                employer member of such group or association to 
                determine contribution rates for each such employer 
                member's share of a premium by actuarially adjusting 
                the established base premium rates.
            ``(2) Only self employed individuals.--In the case that a 
        group or association is composed only of self-employed 
        individuals, the group health plan established by such group or 
        association shall--
                    ``(A) treat all such self-employed individuals as a 
                single risk pool;
                    ``(B) pool all plan participant claims; and
                    ``(C) charge each plan participant the same premium 
                rate.
    ``(c) Treatment of Self-Employed Individuals.--For purposes of this 
section, an individual who is a self-employed individual shall be 
treated as--
            ``(1) an employer who may be a member of a group or 
        association of employers;
            ``(2) an employee who may participate in a group health 
        plan established and maintained by such group or association; 
        and
            ``(3) a participant of the group health plan in which the 
        individual participates, subject to the eligibility 
        determination and monitoring requirements set forth in 
        subsection (a)(2)(C)(i).
    ``(d) Determination of Employer or Joint Employer Status.--The 
provision of health insurance coverage by a group or association of 
employers may not be construed as evidence for establishing an employer 
or joint employer relationship under any Federal or State law.
    ``(e) Rules of Construction.--
            ``(1) No exemption from phsa.--Nothing in this section 
        shall be construed to exempt a group health plan (as defined in 
        section 733(a)(1)) offered through a group or association of 
        employers from the requirements of this part or from the 
        provisions of part A of title XXVII of the Public Health 
        Service Act as incorporated by reference into this Act through 
        section 715.
            ``(2) Prior or future guidance.--Nothing in this section 
        may be construed to limit or otherwise affect the ability of a 
        group or association of employers from establishing a single 
        plan multiple employer welfare arrangement as specified in any 
        prior or future guidance issued by the Secretary of Labor that 
        provides alternative pathways to qualifying as a group or 
        association of employer for purposes of section 3(5).
    ``(f) Definitions.--In this section--
            ``(1) Employer member.--The term `employer member' means--
                    ``(A) an employer who is a member of such group or 
                association of employers and employs at least 1 common 
                law employee; or
                    ``(B) a group made up solely of self-employed 
                individuals, within which all of the self-employed 
                individual members of such group or association are 
                aggregated together as a single employer member group, 
                provided that such group includes at least 20 self-
                employed individual members.
            ``(2) Self-employed individual.--The term `self-employed 
        individual' means an individual who--
                    ``(A) does not have any common law employees;
                    ``(B) has a bona fide ownership right in a trade or 
                business, regardless of whether such trade or business 
                is incorporated or unincorporated;
                    ``(C) earns a wage (as defined in section 3121(a) 
                of the Internal Revenue Code of 1986) or self-
                employment income (as defined in section 1402(b) of 
                such Code) from such trade or business; and
                    ``(D) works at least 10 hours a week, or 40 hours 
                per month, providing personal services to such trade or 
                business.''.
            (2) Clerical amendment.--The table of contents is amended 
        by inserting after the item relating to section 734 the 
        following:

``735. Standardized reporting format.
``736. Rules applicable to group health plans established and 
                            maintained by a group or association of 
                            employers.''.

SEC. 102. CERTAIN MEDICAL STOP-LOSS INSURANCE OBTAINED BY CERTAIN PLAN 
              SPONSORS OF GROUP HEALTH PLANS NOT INCLUDED UNDER THE 
              DEFINITION OF HEALTH INSURANCE COVERAGE.

    (a) In General.--Section 733(b)(1) of the Employee Retirement 
Income Security Act of 1974 (29 U.S.C. 1191b(b)(1)) is amended by 
adding at the end the following sentence: ``Such term shall not include 
a stop-loss policy obtained by a self-insured group health plan or a 
plan sponsor of a group health plan that self-insures the health risks 
of its plan participants to reimburse the plan or sponsor for losses 
that the plan or sponsor incurs in providing health or medical benefits 
to such plan participants in excess of a predetermined level set forth 
in the stop-loss policy obtained by such plan or sponsor.''.
    (b) Effect on Other Laws.--Section 514(b) of the Employee 
Retirement Income Security Act of 1974 (29 U.S.C. 1144(b)) is amended 
by adding at the end the following:
    ``(10) The provisions of this title (including part 7 relating to 
group health plans) shall preempt State laws insofar as they may now or 
hereafter prevent an employee benefit plan that is a group health plan 
from insuring against the risk of excess or unexpected health plan 
claims losses.''.

SEC. 103. TREATMENT OF HEALTH REIMBURSEMENT ARRANGEMENTS INTEGRATED 
              WITH INDIVIDUAL MARKET COVERAGE.

    (a) In General.--
            (1) Treatment.--Section 9815(b) of the Internal Revenue 
        Code of 1986 is amended--
                    (A) by striking ``Exception.--Notwithstanding 
                subsection (a)'' and inserting the following: 
                ``Exceptions.--
            ``(1) Self-insured group health plans.--Notwithstanding 
        subsection (a)'', and
                    (B) by adding at the end the following new 
                paragraph:
            ``(2) Custom health option and individual care expense 
        arrangements.--
                    ``(A) In general.--For purposes of this subchapter, 
                a custom health option and individual care expense 
                arrangement shall be treated as meeting the 
                requirements of section 9802 and sections 2705, 2711, 
                2713, and 2715 of title XXVII of the Public Health 
                Service Act.
                    ``(B) Custom health option and individual care 
                expense arrangements defined.--For purposes of this 
                section, the term `custom health option and individual 
                care expense arrangement' means a health reimbursement 
                arrangement--
                            ``(i) which is an employer-provided group 
                        health plan funded solely by employer 
                        contributions to provide payments or 
                        reimbursements for medical care subject to a 
                        maximum fixed dollar amount for a period,
                            ``(ii) under which such payments or 
                        reimbursements may only be made for medical 
                        care provided during periods during which the 
                        individual is covered--
                                    ``(I) under individual health 
                                insurance coverage (other than coverage 
                                that consists solely of excepted 
                                benefits), or
                                    ``(II) under part A and B of title 
                                XVIII of the Social Security Act or 
                                part C of such title,
                            ``(iii) which meets the nondiscrimination 
                        requirements of subparagraph (C),
                            ``(iv) which meets the substantiation 
                        requirements of subparagraph (D), and
                            ``(v) which meets the notice requirements 
                        of subparagraph (E).
                    ``(C) Nondiscrimination.--
                            ``(i) In general.--An arrangement meets the 
                        requirements of this subparagraph if an 
                        employer offering such arrangement to an 
                        employee within a specified class of employee--
                                    ``(I) offers such arrangement to 
                                all employees within such specified 
                                class on the same terms, and
                                    ``(II) does not offer any other 
                                group health plan (other than an 
                                account-based group health plan or a 
                                group health plan that consists solely 
                                of excepted benefits) to any employees 
                                within such specified class.
                        In the case of an employer who offers a group 
                        health plan provided through health insurance 
                        coverage in the small group market (that is 
                        subject to section 2701 of the Public Health 
                        Service Act) to all employees within such 
                        specified class, subclause (II) shall not apply 
                        to such group health plan.
                            ``(ii) Specified class of employee.--For 
                        purposes of this subparagraph, any of the 
                        following may be designated as a specified 
                        class of employee:
                                    ``(I) Full-time employees.
                                    ``(II) Part-time employees.
                                    ``(III) Salaried employees.
                                    ``(IV) Non-salaried employees.
                                    ``(V) Employees whose primary site 
                                of employment is in the same rating 
                                area.
                                    ``(VI) Employees who are included 
                                in a unit of employees covered under a 
                                collective bargaining agreement to 
                                which the employer is subject 
                                (determined under rules similar to the 
                                rules of section 105(h)).
                                    ``(VII) Employees who have not met 
                                a group health plan, or health 
                                insurance issuer offering group health 
                                insurance coverage, waiting period 
                                requirement that satisfies section 2708 
                                of the Public Health Service Act.
                                    ``(VIII) Seasonal employees.
                                    ``(IX) Employees who are 
                                nonresident aliens and who receive no 
                                earned income (within the meaning of 
                                section 911(d)(2)) from the employer 
                                which constitutes income from sources 
                                within the United States (within the 
                                meaning of section 861(a)(3)).
                                    ``(X) Under such rules as the 
                                Secretary may prescribe, employees who 
                                are hired for temporary placement with 
                                an unrelated person that is not the 
                                common law employer.
                                    ``(XI) Such other classes of 
                                employees as the Secretary may 
                                designate.
                        An employer may designate (in such manner as is 
                        prescribed by the Secretary) two or more of the 
                        classes described in the preceding subclauses 
                        as the specified class of employees to which 
                        the arrangement is offered for purposes of 
                        applying this subparagraph.
                            ``(iii) Special rule for new hires.--An 
                        employer may designate prospectively so much of 
                        a specified class of employees as are hired 
                        after a date set by the employer. Such subclass 
                        of employees shall be treated as the specified 
                        class for purposes of applying clause (i).
                            ``(iv) Rules for determining type of 
                        employee.--For purposes for clause (ii), any 
                        determination of full-time, part-time, or 
                        seasonal employment status shall be made under 
                        rules similar to the rules of section 105(h) or 
                        4980H, whichever the employer elects for the 
                        plan year. Such election shall apply with 
                        respect to all employees of the employer for 
                        the plan year.
                            ``(v) Permitted variation.--For purposes of 
                        clause (i)(I), an arrangement shall not fail to 
                        be treated as provided on the same terms within 
                        a specified class merely because the maximum 
                        dollar amount of payments and reimbursements 
                        which may be made under the terms of the 
                        arrangement for the year with respect to each 
                        employee within such class--
                                    ``(I) increases as additional 
                                dependents of the employee are covered 
                                under the arrangement, and
                                    ``(II) increases with respect to a 
                                participant as the age of the 
                                participant increases, but not in 
                                excess of an amount equal to 300 
                                percent of the lowest maximum dollar 
                                amount with respect to such a 
                                participant determined without regard 
                                to age.
                    ``(D) Substantiation requirements.--An arrangement 
                meets the requirements of this subparagraph if the 
                arrangement has reasonable procedures to substantiate--
                            ``(i) that the participant and any 
                        dependents are, or will be, enrolled in 
                        coverage described in subparagraph (B)(ii) as 
                        of the beginning of the plan year of the 
                        arrangement (or as of the beginning of coverage 
                        under the arrangement in the case of an 
                        employee who first becomes eligible to 
                        participate in the arrangement after the date 
                        notice is given with respect to the plan under 
                        subparagraph (E) (determined without regard to 
                        clause (iii) thereof), and
                            ``(ii) any requests made for payment or 
                        reimbursement of medical care under the 
                        arrangement and that the participant and any 
                        dependents remain so enrolled.
                    ``(E) Notice.--
                            ``(i) In general.--Except as provided in 
                        clause (iii), an arrangement meets the 
                        requirements of this subparagraph if, under the 
                        arrangement, each employee eligible to 
                        participate is, not later than 60 days before 
                        the beginning of the plan year, given written 
                        notice of the employee's rights and obligations 
                        under the arrangement which--
                                    ``(I) is sufficiently accurate and 
                                comprehensive to apprise the employee 
                                of such rights and obligations, and
                                    ``(II) is written in a manner 
                                calculated to be understood by the 
                                average employee eligible to 
                                participate.
                            ``(ii) Notice requirements.--Such notice 
                        shall include such information as the Secretary 
                        may by regulation prescribe.
                            ``(iii) Notice deadline for certain 
                        employees.--In the case of an employee--
                                    ``(I) who first becomes eligible to 
                                participate in the arrangement after 
                                the date notice is given with respect 
                                to the plan under clause (i) 
                                (determined without regard to this 
                                clause), or
                                    ``(II) whose employer is first 
                                established fewer than 120 days before 
                                the beginning of the first plan year of 
                                the arrangement,
                        the requirements of this subparagraph shall be 
                        treated as met if the notice required under 
                        clause (i) is provided not later than the date 
                        the arrangement may take effect with respect to 
                        such employee.''.
            (2) Treatment of current rules relating to certain 
        arrangements.--
                    (A) No inference.--To the extent not inconsistent 
                with the amendments made by this subsection--
                            (i) no inference shall be made from such 
                        amendments with respect to the rules prescribed 
                        in the Federal Register on June 20, 2019, (84 
                        Fed. Reg. 28888) relating to health 
                        reimbursement arrangements and other account-
                        based group health plans, and
                            (ii) any reference to custom health option 
                        and individual care expense arrangements shall 
                        for purposes of such rules be treated as 
                        including a reference to individual coverage 
                        health reimbursement arrangements.
                    (B) Other conforming of rules.--The Secretary of 
                the Treasury, the Secretary of Health and Human 
                Services, and the Secretary of Labor shall modify such 
                rules as may be necessary to conform to the amendments 
                made by this subsection.
            (3) Participants in choice arrangement eligible for 
        purchase of exchange insurance under cafeteria plan.--Section 
        125(f)(3) of such Code is amended by adding at the end the 
        following new subparagraph:
                    ``(C) Exception for participants in choice 
                arrangement.--Subparagraph (A) shall not apply in the 
                case of an employee participating in a custom health 
                option and individual care expense arrangement (within 
                the meaning of section 9815(b)(2)) offered by the 
                employee's employer.''.
            (4) Effective date.--The amendments made by this subsection 
        shall apply to plan years beginning after December 31, 2025.
    (b) Inclusion of CHOICE Arrangement Permitted Benefits on W-2.--
            (1) In general.--Section 6051(a) of such Code is amended by 
        striking ``and'' at the end of paragraph (18), by striking the 
        period at the end of paragraph (19) and inserting ``, and'', 
        and by inserting after paragraph (19) the following new 
        paragraph:
            ``(20) the total amount of permitted benefits for enrolled 
        individuals under a custom health option and individual care 
        expense arrangement (as defined in section 9815(b)(2)) with 
        respect to such employee.''.
            (2) Effective date.--The amendment made by this subsection 
        shall apply to taxable years beginning after December 31, 2025.

          TITLE II--LOWERING HEALTH CARE PREMIUMS FOR EVERYONE

SEC. 201. OVERSIGHT OF PHARMACY BENEFIT MANAGEMENT SERVICES.

    (a) Public Health Service Act.--Title XXVII of the Public Health 
Service Act (42 U.S.C. 300gg et seq.) is amended--
            (1) in part D (42 U.S.C. 300gg-111 et seq.), by adding at 
        the end the following new section:

``SEC. 2799A-11. OVERSIGHT OF ENTITIES THAT PROVIDE PHARMACY BENEFIT 
              MANAGEMENT SERVICES.

    ``(a) In General.--For plan years beginning on or after the date 
that is 30 months after the date of enactment of this section (referred 
to in this subsection and subsection (b) as the `effective date'), a 
group health plan or a health insurance issuer offering group health 
insurance coverage, or an entity providing pharmacy benefit management 
services on behalf of such a plan or issuer, shall not enter into a 
contract, including an extension or renewal of a contract, entered into 
on or after the effective date, with an applicable entity unless such 
applicable entity agrees to--
            ``(1) not limit or delay the disclosure of information to 
        the group health plan (including such a plan offered through a 
        health insurance issuer) in such a manner that prevents an 
        entity providing pharmacy benefit management services on behalf 
        of a group health plan or health insurance issuer offering 
        group health insurance coverage from making the reports 
        described in subsection (b); and
            ``(2) provide the entity providing pharmacy benefit 
        management services on behalf of a group health plan or health 
        insurance issuer relevant information necessary to make the 
        reports described in subsection (b).
    ``(b) Reports.--
            ``(1) In general.--For plan years beginning on or after the 
        effective date, in the case of any contract between a group 
        health plan or a health insurance issuer offering group health 
        insurance coverage offered in connection with such a plan and 
        an entity providing pharmacy benefit management services on 
        behalf of such plan or issuer, including an extension or 
        renewal of such a contract, entered into on or after the 
        effective date, the entity providing pharmacy benefit 
        management services on behalf of such a group health plan or 
        health insurance issuer, not less frequently than every 6 
        months (or, at the request of a group health plan, not less 
        frequently than quarterly, and under the same conditions, 
        terms, and cost of the semiannual report under this 
        subsection), shall submit to the group health plan a report in 
        accordance with this section. Each such report shall be made 
        available to such group health plan in plain language, in a 
        machine-readable format, and as the Secretary may determine, 
        other formats. Each such report shall include the information 
        described in paragraph (2).
            ``(2) Information described.--For purposes of paragraph 
        (1), the information described in this paragraph is, with 
        respect to drugs covered by a group health plan or group health 
        insurance coverage offered by a health insurance issuer in 
        connection with a group health plan during each reporting 
        period--
                    ``(A) in the case of a group health plan that is 
                offered by a specified large employer or that is a 
                specified large plan, and is not offered as health 
                insurance coverage, or in the case of health insurance 
                coverage for which the election under paragraph (3) is 
                made for the applicable reporting period--
                            ``(i) a list of drugs for which a claim was 
                        filed and, with respect to each such drug on 
                        such list--
                                    ``(I) the contracted compensation 
                                paid by the group health plan or health 
                                insurance issuer for each covered drug 
                                (identified by the National Drug Code) 
                                to the entity providing pharmacy 
                                benefit management services or other 
                                applicable entity on behalf of the 
                                group health plan or health insurance 
                                issuer;
                                    ``(II) the contracted compensation 
                                paid to the pharmacy, by any entity 
                                providing pharmacy benefit management 
                                services or other applicable entity on 
                                behalf of the group health plan or 
                                health insurance issuer, for each 
                                covered drug (identified by the 
                                National Drug Code);
                                    ``(III) for each such claim, the 
                                difference between the amount paid 
                                under subclause (I) and the amount paid 
                                under subclause (II);
                                    ``(IV) the proprietary name, 
                                established name or proper name, and 
                                National Drug Code;
                                    ``(V) for each claim for the drug 
                                (including original prescriptions and 
                                refills) and for each dosage unit of 
                                the drug for which a claim was filed, 
                                the type of dispensing channel used to 
                                furnish the drug, including retail, 
                                mail order, or specialty pharmacy;
                                    ``(VI) with respect to each drug 
                                dispensed, for each type of dispensing 
                                channel (including retail, mail order, 
                                or specialty pharmacy)--
                                            ``(aa) whether such drug is 
                                        a brand name drug or a generic 
                                        drug, and--

                                                    ``(AA) in the case 
                                                of a brand name drug, 
                                                the wholesale 
                                                acquisition cost, 
                                                listed as cost per days 
                                                supply and cost per 
                                                dosage unit, on the 
                                                date such drug was 
                                                dispensed; and

                                                    ``(BB) in the case 
                                                of a generic drug, the 
                                                average wholesale 
                                                price, listed as cost 
                                                per days supply and 
                                                cost per dosage unit, 
                                                on the date such drug 
                                                was dispensed; and

                                            ``(bb) the total number 
                                        of--

                                                    ``(AA) prescription 
                                                claims (including 
                                                original prescriptions 
                                                and refills);

                                                    ``(BB) participants 
                                                and beneficiaries for 
                                                whom a claim for such 
                                                drug was filed through 
                                                the applicable 
                                                dispensing channel;

                                                    ``(CC) dosage units 
                                                and dosage units per 
                                                fill of such drug; and

                                                    ``(DD) days supply 
                                                of such drug per fill;

                                    ``(VII) the net price per course of 
                                treatment or single fill, such as a 30-
                                day supply or 90-day supply to the plan 
                                or coverage after rebates, fees, 
                                alternative discounts, or other 
                                remuneration received from applicable 
                                entities;
                                    ``(VIII) the total amount of out-
                                of-pocket spending by participants and 
                                beneficiaries on such drug, including 
                                spending through copayments, 
                                coinsurance, and deductibles, but not 
                                including any amounts spent by 
                                participants and beneficiaries on drugs 
                                not covered under the plan or coverage, 
                                or for which no claim is submitted 
                                under the plan or coverage;
                                    ``(IX) the total net spending on 
                                the drug;
                                    ``(X) the total amount received, or 
                                expected to be received, by the plan or 
                                issuer from any applicable entity in 
                                rebates, fees, alternative discounts, 
                                or other remuneration;
                                    ``(XI) the total amount received, 
                                or expected to be received, by the 
                                entity providing pharmacy benefit 
                                management services, from applicable 
                                entities, in rebates, fees, alternative 
                                discounts, or other remuneration from 
                                such entities--
                                            ``(aa) for claims incurred 
                                        during the reporting period; 
                                        and
                                            ``(bb) that is related to 
                                        utilization of such drug or 
                                        spending on such drug; and
                                    ``(XII) to the extent feasible, 
                                information on the total amount of 
                                remuneration for such drug, including 
                                copayment assistance dollars paid, 
                                copayment cards applied, or other 
                                discounts provided by each drug 
                                manufacturer (or entity administering 
                                copayment assistance on behalf of such 
                                drug manufacturer), to the participants 
                                and beneficiaries enrolled in such plan 
                                or coverage;
                            ``(ii) a list of each therapeutic class (as 
                        defined by the Secretary) for which a claim was 
                        filed under the group health plan or health 
                        insurance coverage during the reporting period, 
                        and, with respect to each such therapeutic 
                        class--
                                    ``(I) the total gross spending on 
                                drugs in such class before rebates, 
                                price concessions, alternative 
                                discounts, or other remuneration from 
                                applicable entities;
                                    ``(II) the net spending in such 
                                class after such rebates, price 
                                concessions, alternative discounts, or 
                                other remuneration from applicable 
                                entities;
                                    ``(III) the total amount received, 
                                or expected to be received, by the 
                                entity providing pharmacy benefit 
                                management services, from applicable 
                                entities, in rebates, fees, alternative 
                                discounts, or other remuneration from 
                                such entities--
                                            ``(aa) for claims incurred 
                                        during the reporting period; 
                                        and
                                            ``(bb) that is related to 
                                        utilization of drugs or drug 
                                        spending;
                                    ``(IV) the average net spending per 
                                30-day supply and per 90-day supply by 
                                the plan or by the issuer with respect 
                                to such coverage and its participants 
                                and beneficiaries, among all drugs 
                                within the therapeutic class for which 
                                a claim was filed during the reporting 
                                period;
                                    ``(V) the number of participants 
                                and beneficiaries who filled a 
                                prescription for a drug in such class, 
                                including the National Drug Code for 
                                each such drug;
                                    ``(VI) if applicable, a description 
                                of the formulary tiers and utilization 
                                mechanisms (such as prior authorization 
                                or step therapy) employed for drugs in 
                                that class; and
                                    ``(VII) the total out-of-pocket 
                                spending under the plan or coverage by 
                                participants and beneficiaries, 
                                including spending through copayments, 
                                coinsurance, and deductibles, but not 
                                including any amounts spent by 
                                participants and beneficiaries on drugs 
                                not covered under the plan or coverage 
                                or for which no claim is submitted 
                                under the plan or coverage;
                            ``(iii) with respect to any drug for which 
                        gross spending under the group health plan or 
                        health insurance coverage exceeded $10,000 
                        during the reporting period or, in the case 
                        that gross spending under the group health plan 
                        or coverage exceeded $10,000 during the 
                        reporting period with respect to fewer than 50 
                        drugs, with respect to the 50 prescription 
                        drugs with the highest spending during the 
                        reporting period--
                                    ``(I) a list of all other drugs in 
                                the same therapeutic class as such 
                                drug;
                                    ``(II) if applicable, the rationale 
                                for the formulary placement of such 
                                drug in that therapeutic category or 
                                class, selected from a list of standard 
                                rationales established by the 
                                Secretary, in consultation with 
                                stakeholders; and
                                    ``(III) any change in formulary 
                                placement compared to the prior plan 
                                year; and
                            ``(iv) in the case that such plan or issuer 
                        (or an entity providing pharmacy benefit 
                        management services on behalf of such plan or 
                        issuer) has an affiliated pharmacy or pharmacy 
                        under common ownership, including mandatory 
                        mail and specialty home delivery programs, 
                        retail and mail auto-refill programs, and cost-
                        sharing assistance incentives funded by an 
                        entity providing pharmacy benefit services--
                                    ``(I) an explanation of any benefit 
                                design parameters that encourage or 
                                require participants and beneficiaries 
                                in the plan or coverage to fill 
                                prescriptions at mail order, specialty, 
                                or retail pharmacies;
                                    ``(II) the percentage of total 
                                prescriptions dispensed by such 
                                pharmacies to participants or 
                                beneficiaries in such plan or coverage; 
                                and
                                    ``(III) a list of all drugs 
                                dispensed by such pharmacies to 
                                participants or beneficiaries enrolled 
                                in such plan or coverage, and, with 
                                respect to each drug dispensed--
                                            ``(aa) the amount charged, 
                                        per dosage unit, per 30-day 
                                        supply, or per 90-day supply 
                                        (as applicable) to the plan or 
                                        issuer, and to participants and 
                                        beneficiaries;
                                            ``(bb) the median amount 
                                        charged to such plan or issuer, 
                                        and the interquartile range of 
                                        the costs, per dosage unit, per 
                                        30-day supply, and per 90-day 
                                        supply, including amounts paid 
                                        by the participants and 
                                        beneficiaries, when the same 
                                        drug is dispensed by other 
                                        pharmacies that are not 
                                        affiliated with or under common 
                                        ownership with the entity and 
                                        that are included in the 
                                        pharmacy network of such plan 
                                        or coverage;
                                            ``(cc) the lowest cost per 
                                        dosage unit, per 30-day supply 
                                        and per 90-day supply, for each 
                                        such drug, including amounts 
                                        charged to the plan or coverage 
                                        and to participants and 
                                        beneficiaries, that is 
                                        available from any pharmacy 
                                        included in the network of such 
                                        plan or coverage; and
                                            ``(dd) the net acquisition 
                                        cost per dosage unit, per 30-
                                        day supply, and per 90-day 
                                        supply, if such drug is subject 
                                        to a maximum price discount; 
                                        and
                    ``(B) with respect to any group health plan, 
                including group health insurance coverage offered in 
                connection with such a plan, regardless of whether the 
                plan or coverage is offered by a specified large 
                employer or whether it is a specified large plan--
                            ``(i) a summary document for the group 
                        health plan that includes such information 
                        described in clauses (i) through (iv) of 
                        subparagraph (A), as specified by the Secretary 
                        through guidance, program instruction, or 
                        otherwise (with no requirement of notice and 
                        comment rulemaking), that the Secretary 
                        determines useful to group health plans for 
                        purposes of selecting pharmacy benefit 
                        management services, such as an estimated net 
                        price to group health plan and participant or 
                        beneficiary, a cost per claim, the fee 
                        structure or reimbursement model, and estimated 
                        cost per participant or beneficiary;
                            ``(ii) a summary document for plans and 
                        issuers to provide to participants and 
                        beneficiaries, which shall be made available to 
                        participants or beneficiaries upon request to 
                        their group health plan (including in the case 
                        of group health insurance coverage offered in 
                        connection with such a plan), that--
                                    ``(I) contains such information 
                                described in clauses (iii), (iv), (v), 
                                and (vi), as applicable, as specified 
                                by the Secretary through guidance, 
                                program instruction, or otherwise (with 
                                no requirement of notice and comment 
                                rulemaking) that the Secretary 
                                determines useful to participants or 
                                beneficiaries in better understanding 
                                the plan or coverage or benefits under 
                                such plan or coverage;
                                    ``(II) contains only aggregate 
                                information; and
                                    ``(III) states that participants 
                                and beneficiaries may request specific, 
                                claims-level information required to be 
                                furnished under subsection (c) from the 
                                group health plan or health insurance 
                                issuer;
                            ``(iii) with respect to drugs covered by 
                        such plan or coverage during such reporting 
                        period--
                                    ``(I) the total net spending by the 
                                plan or coverage for all such drugs;
                                    ``(II) the total amount received, 
                                or expected to be received, by the plan 
                                or issuer from any applicable entity in 
                                rebates, fees, alternative discounts, 
                                or other remuneration; and
                                    ``(III) to the extent feasible, 
                                information on the total amount of 
                                remuneration for such drugs, including 
                                copayment assistance dollars paid, 
                                copayment cards applied, or other 
                                discounts provided by each drug 
                                manufacturer (or entity administering 
                                copayment assistance on behalf of such 
                                drug manufacturer) to participants and 
                                beneficiaries;
                            ``(iv) amounts paid directly or indirectly 
                        in rebates, fees, or any other type of 
                        compensation (as defined in section 
                        408(b)(2)(B)(ii)(dd)(AA) of the Employee 
                        Retirement Income Security Act) to brokerage 
                        firms, brokers, consultants, advisors, or any 
                        other individual or firm, for--
                                    ``(I) the referral of the group 
                                health plan's or health insurance 
                                issuer's business to an entity 
                                providing pharmacy benefit management 
                                services, including the identity of the 
                                recipient of such amounts;
                                    ``(II) consideration of the entity 
                                providing pharmacy benefit management 
                                services by the group health plan or 
                                health insurance issuer; or
                                    ``(III) the retention of the entity 
                                by the group health plan or health 
                                insurance issuer;
                            ``(v) an explanation of any benefit design 
                        parameters that encourage or require 
                        participants and beneficiaries in such plan or 
                        coverage to fill prescriptions at mail order, 
                        specialty, or retail pharmacies that are 
                        affiliated with or under common ownership with 
                        the entity providing pharmacy benefit 
                        management services under such plan or 
                        coverage, including mandatory mail and 
                        specialty home delivery programs, retail and 
                        mail auto-refill programs, and cost-sharing 
                        assistance incentives directly or indirectly 
                        funded by such entity; and
                            ``(vi) total gross spending on all drugs 
                        under the plan or coverage during the reporting 
                        period.
            ``(3) Opt-in for group health insurance coverage offered by 
        a specified large employer or that is a specified large plan.--
        In the case of group health insurance coverage offered in 
        connection with a group health plan that is offered by a 
        specified large employer or is a specified large plan, such 
        group health plan may, on an annual basis, for plan years 
        beginning on or after the date that is 30 months after the date 
        of enactment of this section, elect to require an entity 
        providing pharmacy benefit management services on behalf of the 
        health insurance issuer to submit to such group health plan a 
        report that includes all of the information described in 
        paragraph (2)(A), in addition to the information described in 
        paragraph (2)(B).
            ``(4) Privacy requirements.--
                    ``(A) In general.--An entity providing pharmacy 
                benefit management services on behalf of a group health 
                plan or a health insurance issuer offering group health 
                insurance coverage shall report information under 
                paragraph (1) in a manner consistent with the privacy 
                regulations promulgated under section 13402(a) of the 
                Health Information Technology for Economic and Clinical 
                Health Act and consistent with the privacy regulations 
                promulgated under the Health Insurance Portability and 
                Accountability Act of 1996 in part 160 and subparts A 
                and E of part 164 of title 45, Code of Federal 
                Regulations (or successor regulations) (referred to in 
                this paragraph as the `HIPAA privacy regulations') and 
                shall restrict the use and disclosure of such 
                information according to such privacy regulations and 
                such HIPAA privacy regulations.
                    ``(B) Additional requirements.--
                            ``(i) In general.--An entity providing 
                        pharmacy benefit management services on behalf 
                        of a group health plan or health insurance 
                        issuer offering group health insurance coverage 
                        that submits a report under paragraph (1) shall 
                        ensure that such report contains only summary 
                        health information, as defined in section 
                        164.504(a) of title 45, Code of Federal 
                        Regulations (or successor regulations).
                            ``(ii) Restrictions.--In carrying out this 
                        subsection, a group health plan shall comply 
                        with section 164.504(f) of title 45, Code of 
                        Federal Regulations (or a successor 
                        regulation), and a plan sponsor shall act in 
                        accordance with the terms of the agreement 
                        described in such section.
                    ``(C) Rule of construction.--
                            ``(i) Nothing in this section shall be 
                        construed to modify the requirements for the 
                        creation, receipt, maintenance, or transmission 
                        of protected health information under the HIPAA 
                        privacy regulations.
                            ``(ii) Nothing in this section shall be 
                        construed to affect the application of any 
                        Federal or State privacy or civil rights law, 
                        including the HIPAA privacy regulations, the 
                        Genetic Information Nondiscrimination Act of 
                        2008 (Public Law 110-233) (including the 
                        amendments made by such Act), the Americans 
                        with Disabilities Act of 1990 (42 U.S.C. 12101 
                        et seq.), section 504 of the Rehabilitation Act 
                        of 1973 (29 U.S.C. 794), section 1557 of the 
                        Patient Protection and Affordable Care Act (42 
                        U.S.C. 18116), title VI of the Civil Rights Act 
                        of 1964 (42 U.S.C. 2000d), and title VII of the 
                        Civil Rights Act of 1964 (42 U.S.C. 2000e).
                    ``(D) Written notice.--Each plan year, group health 
                plans, including with respect to group health insurance 
                coverage offered in connection with a group health 
                plan, shall provide to each participant or beneficiary 
                written notice informing the participant or beneficiary 
                of the requirement for entities providing pharmacy 
                benefit management services on behalf of the group 
                health plan or health insurance issuer offering group 
                health insurance coverage to submit reports to group 
                health plans under paragraph (1), as applicable, which 
                may include incorporating such notification in plan 
                documents provided to the participant or beneficiary, 
                or providing individual notification.
                    ``(E) Limitation to business associates.--A group 
                health plan receiving a report under paragraph (1) may 
                disclose such information only to the entity from which 
                the report was received or to that entity's business 
                associates as defined in section 160.103 of title 45, 
                Code of Federal Regulations (or successor regulations) 
                or as permitted by the HIPAA privacy regulations.
                    ``(F) Clarification regarding public disclosure of 
                information.--Nothing in this section shall prevent an 
                entity providing pharmacy benefit management services 
                on behalf of a group health plan or health insurance 
                issuer offering group health insurance coverage, from 
                placing reasonable restrictions on the public 
                disclosure of the information contained in a report 
                described in paragraph (1), except that such plan, 
                issuer, or entity may not--
                            ``(i) restrict disclosure of such report to 
                        the Department of Health and Human Services, 
                        the Department of Labor, or the Department of 
                        the Treasury; or
                            ``(ii) prevent disclosure for the purposes 
                        of subsection (c), or any other public 
                        disclosure requirement under this section.
                    ``(G) Limited form of report.--The Secretary shall 
                define through rulemaking a limited form of the report 
                under paragraph (1) required with respect to any group 
                health plan established by a plan sponsor that is, or 
                is affiliated with, a drug manufacturer, drug 
                wholesaler, or other direct participant in the drug 
                supply chain, in order to prevent anti-competitive 
                behavior.
            ``(5) Standard format and regulations.--
                    ``(A) In general.--Not later than 18 months after 
                the date of enactment of this section, the Secretary 
                shall specify through rulemaking a standard format for 
                entities providing pharmacy benefit management services 
                on behalf of group health plans and health insurance 
                issuers offering group health insurance coverage, to 
                submit reports required under paragraph (1).
                    ``(B) Additional regulations.--Not later than 18 
                months after the date of enactment of this section, the 
                Secretary shall, through rulemaking, promulgate any 
                other final regulations necessary to implement the 
                requirements of this section. In promulgating such 
                regulations, the Secretary shall, to the extent 
                practicable, align the reporting requirements under 
                this section with the reporting requirements under 
                section 2799A-10.
    ``(c) Requirement To Provide Information to Participants or 
Beneficiaries.--A group health plan, including with respect to group 
health insurance coverage offered in connection with a group health 
plan, upon request of a participant or beneficiary, shall provide to 
such participant or beneficiary--
            ``(1) the summary document described in subsection 
        (b)(2)(B)(ii); and
            ``(2) the information described in subsection 
        (b)(2)(A)(i)(III) with respect to a claim made by or on behalf 
        of such participant or beneficiary.
    ``(d) Enforcement.--
            ``(1) In general.--The Secretary shall enforce this 
        section. The enforcement authority under this subsection shall 
        apply only with respect to group health plans (including group 
        health insurance coverage offered in connection with such a 
        plan) to which the requirements of subparts I and II of part A 
        and part D apply in accordance with section 2722, and with 
        respect to entities providing pharmacy benefit management 
        services on behalf of such plans and applicable entities 
        providing services on behalf of such plans.
            ``(2) Failure to provide information.--A group health plan, 
        a health insurance issuer offering group health insurance 
        coverage, an entity providing pharmacy benefit management 
        services on behalf of such a plan or issuer, or an applicable 
        entity providing services on behalf of such a plan or issuer 
        that violates subsection (a); an entity providing pharmacy 
        benefit management services on behalf of such a plan or issuer 
        that fails to provide the information required under subsection 
        (b); or a group health plan that fails to provide the 
        information required under subsection (c), shall be subject to 
        a civil monetary penalty in the amount of $10,000 for each day 
        during which such violation continues or such information is 
        not disclosed or reported.
            ``(3) False information.--A health insurance issuer, an 
        entity providing pharmacy benefit management services, or a 
        third party administrator providing services on behalf of such 
        issuer offered by a health insurance issuer that knowingly 
        provides false information under this section shall be subject 
        to a civil monetary penalty in an amount not to exceed $100,000 
        for each item of false information. Such civil monetary penalty 
        shall be in addition to other penalties as may be prescribed by 
        law.
            ``(4) Procedure.--The provisions of section 1128A of the 
        Social Security Act, other than subsections (a) and (b) and the 
        first sentence of subsection (c)(1) of such section shall apply 
        to civil monetary penalties under this subsection in the same 
        manner as such provisions apply to a penalty or proceeding 
        under such section.
            ``(5) Waivers.--The Secretary may waive penalties under 
        paragraph (2), or extend the period of time for compliance with 
        a requirement of this section, for an entity in violation of 
        this section that has made a good-faith effort to comply with 
        the requirements in this section.
    ``(e) Rule of Construction.--Nothing in this section shall be 
construed to permit a health insurance issuer, group health plan, 
entity providing pharmacy benefit management services on behalf of a 
group health plan or health insurance issuer, or other entity to 
restrict disclosure to, or otherwise limit the access of, the Secretary 
to a report described in subsection (b)(1) or information related to 
compliance with subsections (a), (b), (c), or (d) by such issuer, plan, 
or entity.
    ``(f) Definitions.--In this section:
            ``(1) Applicable entity.--The term `applicable entity' 
        means--
                    ``(A) an applicable group purchasing organization, 
                drug manufacturer, distributor, wholesaler, rebate 
                aggregator (or other purchasing entity designed to 
                aggregate rebates), or associated third party;
                    ``(B) any subsidiary, parent, affiliate, or 
                subcontractor of a group health plan, health insurance 
                issuer, entity that provides pharmacy benefit 
                management services on behalf of such a plan or issuer, 
                or any entity described in subparagraph (A); or
                    ``(C) such other entity as the Secretary may 
                specify through rulemaking.
            ``(2) Applicable group purchasing organization.--The term 
        `applicable group purchasing organization' means a group 
        purchasing organization that is affiliated with or under common 
        ownership with an entity providing pharmacy benefit management 
        services.
            ``(3) Contracted compensation.--The term `contracted 
        compensation' means the sum of any ingredient cost and 
        dispensing fee for a drug (inclusive of the out-of-pocket costs 
        to the participant or beneficiary), or another analogous 
        compensation structure that the Secretary may specify through 
        regulations.
            ``(4) Gross spending.--The term `gross spending', with 
        respect to prescription drug benefits under a group health plan 
        or health insurance coverage, means the amount spent by a group 
        health plan or health insurance issuer on prescription drug 
        benefits, calculated before the application of rebates, fees, 
        alternative discounts, or other remuneration.
            ``(5) Net spending.--The term `net spending', with respect 
        to prescription drug benefits under a group health plan or 
        health insurance coverage, means the amount spent by a group 
        health plan or health insurance issuer on prescription drug 
        benefits, calculated after the application of rebates, fees, 
        alternative discounts, or other remuneration.
            ``(6) Plan sponsor.--The term `plan sponsor' has the 
        meaning given such term in section 3(16)(B) of the Employee 
        Retirement Income Security Act of 1974.
            ``(7) Remuneration.--The term `remuneration' has the 
        meaning given such term by the Secretary through rulemaking, 
        which shall be reevaluated by the Secretary every 5 years.
            ``(8) Specified large employer.--The term `specified large 
        employer' means, in connection with a group health plan 
        (including group health insurance coverage offered in 
        connection with such a plan) established or maintained by a 
        single employer, with respect to a calendar year or a plan 
        year, as applicable, an employer who employed an average of at 
        least 100 employees on business days during the preceding 
        calendar year or plan year and who employs at least 1 employee 
        on the first day of the calendar year or plan year.
            ``(9) Specified large plan.--The term `specified large 
        plan' means a group health plan (including group health 
        insurance coverage offered in connection with such a plan) 
        established or maintained by a plan sponsor described in clause 
        (ii) or (iii) of section 3(16)(B) of the Employee Retirement 
        Income Security Act of 1974 that had an average of at least 100 
        participants on business days during the preceding calendar 
        year or plan year, as applicable.
            ``(10) Wholesale acquisition cost.--The term `wholesale 
        acquisition cost' has the meaning given such term in section 
        1847A(c)(6)(B) of the Social Security Act.''; and
            (2) in section 2723 (42 U.S.C. 300gg-22)--
                    (A) in subsection (a)--
                            (i) in paragraph (1), by inserting ``(other 
                        than section 2799A-11)'' after ``part D''; and
                            (ii) in paragraph (2), by inserting 
                        ``(other than section 2799A-11)'' after ``part 
                        D''; and
                    (B) in subsection (b)--
                            (i) in paragraph (1), by inserting ``(other 
                        than section 2799A-11)'' after ``part D'';
                            (ii) in paragraph (2)(A), by inserting 
                        ``(other than section 2799A-11)'' after ``part 
                        D''; and
                            (iii) in paragraph (2)(C)(ii), by inserting 
                        ``(other than section 2799A-11)'' after ``part 
                        D''.
    (b) Employee Retirement Income Security Act of 1974.--
            (1) In general.--Subtitle B of title I of the Employee 
        Retirement Income Security Act of 1974 (29 U.S.C. 1021 et seq.) 
        is amended--
                    (A) in subpart B of part 7 (29 U.S.C. 1185 et 
                seq.), by adding at the end the following:

``SEC. 726. OVERSIGHT OF ENTITIES THAT PROVIDE PHARMACY BENEFIT 
              MANAGEMENT SERVICES.

    ``(a) In General.--For plan years beginning on or after the date 
that is 30 months after the date of enactment of this section (referred 
to in this subsection and subsection (b) as the `effective date'), a 
group health plan or a health insurance issuer offering group health 
insurance coverage, or an entity providing pharmacy benefit management 
services on behalf of such a plan or issuer, shall not enter into a 
contract, including an extension or renewal of a contract, entered into 
on or after the effective date, with an applicable entity unless such 
applicable entity agrees to--
            ``(1) not limit or delay the disclosure of information to 
        the group health plan (including such a plan offered through a 
        health insurance issuer) in such a manner that prevents an 
        entity providing pharmacy benefit management services on behalf 
        of a group health plan or health insurance issuer offering 
        group health insurance coverage from making the reports 
        described in subsection (b); and
            ``(2) provide the entity providing pharmacy benefit 
        management services on behalf of a group health plan or health 
        insurance issuer relevant information necessary to make the 
        reports described in subsection (b).
    ``(b) Reports.--
            ``(1) In general.--For plan years beginning on or after the 
        effective date, in the case of any contract between a group 
        health plan or a health insurance issuer offering group health 
        insurance coverage offered in connection with such a plan and 
        an entity providing pharmacy benefit management services on 
        behalf of such plan or issuer, including an extension or 
        renewal of such a contract, entered into on or after the 
        effective date, the entity providing pharmacy benefit 
        management services on behalf of such a group health plan or 
        health insurance issuer, not less frequently than every 6 
        months (or, at the request of a group health plan, not less 
        frequently than quarterly, and under the same conditions, 
        terms, and cost of the semiannual report under this 
        subsection), shall submit to the group health plan a report in 
        accordance with this section. Each such report shall be made 
        available to such group health plan in plain language, in a 
        machine-readable format, and as the Secretary may determine, 
        other formats. Each such report shall include the information 
        described in paragraph (2).
            ``(2) Information described.--For purposes of paragraph 
        (1), the information described in this paragraph is, with 
        respect to drugs covered by a group health plan or group health 
        insurance coverage offered by a health insurance issuer in 
        connection with a group health plan during each reporting 
        period--
                    ``(A) in the case of a group health plan that is 
                offered by a specified large employer or that is a 
                specified large plan, and is not offered as health 
                insurance coverage, or in the case of health insurance 
                coverage for which the election under paragraph (3) is 
                made for the applicable reporting period--
                            ``(i) a list of drugs for which a claim was 
                        filed and, with respect to each such drug on 
                        such list--
                                    ``(I) the contracted compensation 
                                paid by the group health plan or health 
                                insurance issuer for each covered drug 
                                (identified by the National Drug Code) 
                                to the entity providing pharmacy 
                                benefit management services or other 
                                applicable entity on behalf of the 
                                group health plan or health insurance 
                                issuer;
                                    ``(II) the contracted compensation 
                                paid to the pharmacy, by any entity 
                                providing pharmacy benefit management 
                                services or other applicable entity on 
                                behalf of the group health plan or 
                                health insurance issuer, for each 
                                covered drug (identified by the 
                                National Drug Code);
                                    ``(III) for each such claim, the 
                                difference between the amount paid 
                                under subclause (I) and the amount paid 
                                under subclause (II);
                                    ``(IV) the proprietary name, 
                                established name or proper name, and 
                                National Drug Code;
                                    ``(V) for each claim for the drug 
                                (including original prescriptions and 
                                refills) and for each dosage unit of 
                                the drug for which a claim was filed, 
                                the type of dispensing channel used to 
                                furnish the drug, including retail, 
                                mail order, or specialty pharmacy;
                                    ``(VI) with respect to each drug 
                                dispensed, for each type of dispensing 
                                channel (including retail, mail order, 
                                or specialty pharmacy)--
                                            ``(aa) whether such drug is 
                                        a brand name drug or a generic 
                                        drug, and--

                                                    ``(AA) in the case 
                                                of a brand name drug, 
                                                the wholesale 
                                                acquisition cost, 
                                                listed as cost per days 
                                                supply and cost per 
                                                dosage unit, on the 
                                                date such drug was 
                                                dispensed; and

                                                    ``(BB) in the case 
                                                of a generic drug, the 
                                                average wholesale 
                                                price, listed as cost 
                                                per days supply and 
                                                cost per dosage unit, 
                                                on the date such drug 
                                                was dispensed; and

                                            ``(bb) the total number 
                                        of--

                                                    ``(AA) prescription 
                                                claims (including 
                                                original prescriptions 
                                                and refills);

                                                    ``(BB) participants 
                                                and beneficiaries for 
                                                whom a claim for such 
                                                drug was filed through 
                                                the applicable 
                                                dispensing channel;

                                                    ``(CC) dosage units 
                                                and dosage units per 
                                                fill of such drug; and

                                                    ``(DD) days supply 
                                                of such drug per fill;

                                    ``(VII) the net price per course of 
                                treatment or single fill, such as a 30-
                                day supply or 90-day supply to the plan 
                                or coverage after rebates, fees, 
                                alternative discounts, or other 
                                remuneration received from applicable 
                                entities;
                                    ``(VIII) the total amount of out-
                                of-pocket spending by participants and 
                                beneficiaries on such drug, including 
                                spending through copayments, 
                                coinsurance, and deductibles, but not 
                                including any amounts spent by 
                                participants and beneficiaries on drugs 
                                not covered under the plan or coverage, 
                                or for which no claim is submitted 
                                under the plan or coverage;
                                    ``(IX) the total net spending on 
                                the drug;
                                    ``(X) the total amount received, or 
                                expected to be received, by the plan or 
                                issuer from any applicable entity in 
                                rebates, fees, alternative discounts, 
                                or other remuneration;
                                    ``(XI) the total amount received, 
                                or expected to be received, by the 
                                entity providing pharmacy benefit 
                                management services, from applicable 
                                entities, in rebates, fees, alternative 
                                discounts, or other remuneration from 
                                such entities--
                                            ``(aa) for claims incurred 
                                        during the reporting period; 
                                        and
                                            ``(bb) that is related to 
                                        utilization of such drug or 
                                        spending on such drug; and
                                    ``(XII) to the extent feasible, 
                                information on the total amount of 
                                remuneration for such drug, including 
                                copayment assistance dollars paid, 
                                copayment cards applied, or other 
                                discounts provided by each drug 
                                manufacturer (or entity administering 
                                copayment assistance on behalf of such 
                                drug manufacturer), to the participants 
                                and beneficiaries enrolled in such plan 
                                or coverage;
                            ``(ii) a list of each therapeutic class (as 
                        defined by the Secretary) for which a claim was 
                        filed under the group health plan or health 
                        insurance coverage during the reporting period, 
                        and, with respect to each such therapeutic 
                        class--
                                    ``(I) the total gross spending on 
                                drugs in such class before rebates, 
                                price concessions, alternative 
                                discounts, or other remuneration from 
                                applicable entities;
                                    ``(II) the net spending in such 
                                class after such rebates, price 
                                concessions, alternative discounts, or 
                                other remuneration from applicable 
                                entities;
                                    ``(III) the total amount received, 
                                or expected to be received, by the 
                                entity providing pharmacy benefit 
                                management services, from applicable 
                                entities, in rebates, fees, alternative 
                                discounts, or other remuneration from 
                                such entities--
                                            ``(aa) for claims incurred 
                                        during the reporting period; 
                                        and
                                            ``(bb) that is related to 
                                        utilization of drugs or drug 
                                        spending;
                                    ``(IV) the average net spending per 
                                30-day supply and per 90-day supply by 
                                the plan or by the issuer with respect 
                                to such coverage and its participants 
                                and beneficiaries, among all drugs 
                                within the therapeutic class for which 
                                a claim was filed during the reporting 
                                period;
                                    ``(V) the number of participants 
                                and beneficiaries who filled a 
                                prescription for a drug in such class, 
                                including the National Drug Code for 
                                each such drug;
                                    ``(VI) if applicable, a description 
                                of the formulary tiers and utilization 
                                mechanisms (such as prior authorization 
                                or step therapy) employed for drugs in 
                                that class; and
                                    ``(VII) the total out-of-pocket 
                                spending under the plan or coverage by 
                                participants and beneficiaries, 
                                including spending through copayments, 
                                coinsurance, and deductibles, but not 
                                including any amounts spent by 
                                participants and beneficiaries on drugs 
                                not covered under the plan or coverage 
                                or for which no claim is submitted 
                                under the plan or coverage;
                            ``(iii) with respect to any drug for which 
                        gross spending under the group health plan or 
                        health insurance coverage exceeded $10,000 
                        during the reporting period or, in the case 
                        that gross spending under the group health plan 
                        or coverage exceeded $10,000 during the 
                        reporting period with respect to fewer than 50 
                        drugs, with respect to the 50 prescription 
                        drugs with the highest spending during the 
                        reporting period--
                                    ``(I) a list of all other drugs in 
                                the same therapeutic class as such 
                                drug;
                                    ``(II) if applicable, the rationale 
                                for the formulary placement of such 
                                drug in that therapeutic category or 
                                class, selected from a list of standard 
                                rationales established by the 
                                Secretary, in consultation with 
                                stakeholders; and
                                    ``(III) any change in formulary 
                                placement compared to the prior plan 
                                year; and
                            ``(iv) in the case that such plan or issuer 
                        (or an entity providing pharmacy benefit 
                        management services on behalf of such plan or 
                        issuer) has an affiliated pharmacy or pharmacy 
                        under common ownership, including mandatory 
                        mail and specialty home delivery programs, 
                        retail and mail auto-refill programs, and cost 
                        sharing assistance incentives funded by an 
                        entity providing pharmacy benefit services--
                                    ``(I) an explanation of any benefit 
                                design parameters that encourage or 
                                require participants and beneficiaries 
                                in the plan or coverage to fill 
                                prescriptions at mail order, specialty, 
                                or retail pharmacies;
                                    ``(II) the percentage of total 
                                prescriptions dispensed by such 
                                pharmacies to participants or 
                                beneficiaries in such plan or coverage; 
                                and
                                    ``(III) a list of all drugs 
                                dispensed by such pharmacies to 
                                participants or beneficiaries enrolled 
                                in such plan or coverage, and, with 
                                respect to each drug dispensed--
                                            ``(aa) the amount charged, 
                                        per dosage unit, per 30-day 
                                        supply, or per 90-day supply 
                                        (as applicable) to the plan or 
                                        issuer, and to participants and 
                                        beneficiaries;
                                            ``(bb) the median amount 
                                        charged to such plan or issuer, 
                                        and the interquartile range of 
                                        the costs, per dosage unit, per 
                                        30-day supply, and per 90-day 
                                        supply, including amounts paid 
                                        by the participants and 
                                        beneficiaries, when the same 
                                        drug is dispensed by other 
                                        pharmacies that are not 
                                        affiliated with or under common 
                                        ownership with the entity and 
                                        that are included in the 
                                        pharmacy network of such plan 
                                        or coverage;
                                            ``(cc) the lowest cost per 
                                        dosage unit, per 30-day supply 
                                        and per 90-day supply, for each 
                                        such drug, including amounts 
                                        charged to the plan or coverage 
                                        and to participants and 
                                        beneficiaries, that is 
                                        available from any pharmacy 
                                        included in the network of such 
                                        plan or coverage; and
                                            ``(dd) the net acquisition 
                                        cost per dosage unit, per 30-
                                        day supply, and per 90-day 
                                        supply, if such drug is subject 
                                        to a maximum price discount; 
                                        and
                    ``(B) with respect to any group health plan, 
                including group health insurance coverage offered in 
                connection with such a plan, regardless of whether the 
                plan or coverage is offered by a specified large 
                employer or whether it is a specified large plan--
                            ``(i) a summary document for the group 
                        health plan that includes such information 
                        described in clauses (i) through (iv) of 
                        subparagraph (A), as specified by the Secretary 
                        through guidance, program instruction, or 
                        otherwise (with no requirement of notice and 
                        comment rulemaking), that the Secretary 
                        determines useful to group health plans for 
                        purposes of selecting pharmacy benefit 
                        management services, such as an estimated net 
                        price to group health plan and participant or 
                        beneficiary, a cost per claim, the fee 
                        structure or reimbursement model, and estimated 
                        cost per participant or beneficiary;
                            ``(ii) a summary document for plans and 
                        issuers to provide to participants and 
                        beneficiaries, which shall be made available to 
                        participants or beneficiaries upon request to 
                        their group health plan (including in the case 
                        of group health insurance coverage offered in 
                        connection with such a plan), that--
                                    ``(I) contains such information 
                                described in clauses (iii), (iv), (v), 
                                and (vi), as applicable, as specified 
                                by the Secretary through guidance, 
                                program instruction, or otherwise (with 
                                no requirement of notice and comment 
                                rulemaking) that the Secretary 
                                determines useful to participants or 
                                beneficiaries in better understanding 
                                the plan or coverage or benefits under 
                                such plan or coverage;
                                    ``(II) contains only aggregate 
                                information; and
                                    ``(III) states that participants 
                                and beneficiaries may request specific, 
                                claims-level information required to be 
                                furnished under subsection (c) from the 
                                group health plan or health insurance 
                                issuer;
                            ``(iii) with respect to drugs covered by 
                        such plan or coverage during such reporting 
                        period--
                                    ``(I) the total net spending by the 
                                plan or coverage for all such drugs;
                                    ``(II) the total amount received, 
                                or expected to be received, by the plan 
                                or issuer from any applicable entity in 
                                rebates, fees, alternative discounts, 
                                or other remuneration; and
                                    ``(III) to the extent feasible, 
                                information on the total amount of 
                                remuneration for such drugs, including 
                                copayment assistance dollars paid, 
                                copayment cards applied, or other 
                                discounts provided by each drug 
                                manufacturer (or entity administering 
                                copayment assistance on behalf of such 
                                drug manufacturer) to participants and 
                                beneficiaries;
                            ``(iv) amounts paid directly or indirectly 
                        in rebates, fees, or any other type of 
                        compensation (as defined in section 
                        408(b)(2)(B)(ii)(dd)(AA)) to brokerage firms, 
                        brokers, consultants, advisors, or any other 
                        individual or firm, for--
                                    ``(I) the referral of the group 
                                health plan's or health insurance 
                                issuer's business to an entity 
                                providing pharmacy benefit management 
                                services, including the identity of the 
                                recipient of such amounts;
                                    ``(II) consideration of the entity 
                                providing pharmacy benefit management 
                                services by the group health plan or 
                                health insurance issuer; or
                                    ``(III) the retention of the entity 
                                by the group health plan or health 
                                insurance issuer;
                            ``(v) an explanation of any benefit design 
                        parameters that encourage or require 
                        participants and beneficiaries in such plan or 
                        coverage to fill prescriptions at mail order, 
                        specialty, or retail pharmacies that are 
                        affiliated with or under common ownership with 
                        the entity providing pharmacy benefit 
                        management services under such plan or 
                        coverage, including mandatory mail and 
                        specialty home delivery programs, retail and 
                        mail auto-refill programs, and cost-sharing 
                        assistance incentives directly or indirectly 
                        funded by such entity; and
                            ``(vi) total gross spending on all drugs 
                        under the plan or coverage during the reporting 
                        period.
            ``(3) Opt-in for group health insurance coverage offered by 
        a specified large employer or that is a specified large plan.--
        In the case of group health insurance coverage offered in 
        connection with a group health plan that is offered by a 
        specified large employer or is a specified large plan, such 
        group health plan may, on an annual basis, for plan years 
        beginning on or after the date that is 30 months after the date 
        of enactment of this section, elect to require an entity 
        providing pharmacy benefit management services on behalf of the 
        health insurance issuer to submit to such group health plan a 
        report that includes all of the information described in 
        paragraph (2)(A), in addition to the information described in 
        paragraph (2)(B).
            ``(4) Privacy requirements.--
                    ``(A) In general.--An entity providing pharmacy 
                benefit management services on behalf of a group health 
                plan or a health insurance issuer offering group health 
                insurance coverage shall report information under 
                paragraph (1) in a manner consistent with the privacy 
                regulations promulgated under section 13402(a) of the 
                Health Information Technology for Economic and Clinical 
                Health Act (42 U.S.C. 17932(a)) and consistent with the 
                privacy regulations promulgated under the Health 
                Insurance Portability and Accountability Act of 1996 in 
                part 160 and subparts A and E of part 164 of title 45, 
                Code of Federal Regulations (or successor regulations) 
                (referred to in this paragraph as the `HIPAA privacy 
                regulations') and shall restrict the use and disclosure 
                of such information according to such privacy 
                regulations and such HIPAA privacy regulations.
                    ``(B) Additional requirements.--
                            ``(i) In general.--An entity providing 
                        pharmacy benefit management services on behalf 
                        of a group health plan or health insurance 
                        issuer offering group health insurance coverage 
                        that submits a report under paragraph (1) shall 
                        ensure that such report contains only summary 
                        health information, as defined in section 
                        164.504(a) of title 45, Code of Federal 
                        Regulations (or successor regulations).
                            ``(ii) Restrictions.--In carrying out this 
                        subsection, a group health plan shall comply 
                        with section 164.504(f) of title 45, Code of 
                        Federal Regulations (or a successor 
                        regulation), and a plan sponsor shall act in 
                        accordance with the terms of the agreement 
                        described in such section.
                    ``(C) Rule of construction.--
                            ``(i) Nothing in this section shall be 
                        construed to modify the requirements for the 
                        creation, receipt, maintenance, or transmission 
                        of protected health information under the HIPAA 
                        privacy regulations.
                            ``(ii) Nothing in this section shall be 
                        construed to affect the application of any 
                        Federal or State privacy or civil rights law, 
                        including the HIPAA privacy regulations, the 
                        Genetic Information Nondiscrimination Act of 
                        2008 (Public Law 110-233) (including the 
                        amendments made by such Act), the Americans 
                        with Disabilities Act of 1990 (42 U.S.C. 12101 
                        et seq.), section 504 of the Rehabilitation Act 
                        of 1973 (29 U.S.C. 794), section 1557 of the 
                        Patient Protection and Affordable Care Act (42 
                        U.S.C. 18116), title VI of the Civil Rights Act 
                        of 1964 (42 U.S.C. 2000d), and title VII of the 
                        Civil Rights Act of 1964 (42 U.S.C. 2000e).
                    ``(D) Written notice.--Each plan year, group health 
                plans, including with respect to group health insurance 
                coverage offered in connection with a group health 
                plan, shall provide to each participant or beneficiary 
                written notice informing the participant or beneficiary 
                of the requirement for entities providing pharmacy 
                benefit management services on behalf of the group 
                health plan or health insurance issuer offering group 
                health insurance coverage to submit reports to group 
                health plans under paragraph (1), as applicable, which 
                may include incorporating such notification in plan 
                documents provided to the participant or beneficiary, 
                or providing individual notification.
                    ``(E) Limitation to business associates.--A group 
                health plan receiving a report under paragraph (1) may 
                disclose such information only to the entity from which 
                the report was received or to that entity's business 
                associates as defined in section 160.103 of title 45, 
                Code of Federal Regulations (or successor regulations) 
                or as permitted by the HIPAA privacy regulations.
                    ``(F) Clarification regarding public disclosure of 
                information.--Nothing in this section shall prevent an 
                entity providing pharmacy benefit management services 
                on behalf of a group health plan or health insurance 
                issuer offering group health insurance coverage, from 
                placing reasonable restrictions on the public 
                disclosure of the information contained in a report 
                described in paragraph (1), except that such plan, 
                issuer, or entity may not--
                            ``(i) restrict disclosure of such report to 
                        the Department of Health and Human Services, 
                        the Department of Labor, or the Department of 
                        the Treasury; or
                            ``(ii) prevent disclosure for the purposes 
                        of subsection (c), or any other public 
                        disclosure requirement under this section.
                    ``(G) Limited form of report.--The Secretary shall 
                define through rulemaking a limited form of the report 
                under paragraph (1) required with respect to any group 
                health plan established by a plan sponsor that is, or 
                is affiliated with, a drug manufacturer, drug 
                wholesaler, or other direct participant in the drug 
                supply chain, in order to prevent anti-competitive 
                behavior.
            ``(5) Standard format and regulations.--
                    ``(A) In general.--Not later than 18 months after 
                the date of enactment of this section, the Secretary 
                shall specify through rulemaking a standard format for 
                entities providing pharmacy benefit management services 
                on behalf of group health plans and health insurance 
                issuers offering group health insurance coverage, to 
                submit reports required under paragraph (1).
                    ``(B) Additional regulations.--Not later than 18 
                months after the date of enactment of this section, the 
                Secretary shall, through rulemaking, promulgate any 
                other final regulations necessary to implement the 
                requirements of this section. In promulgating such 
                regulations, the Secretary shall, to the extent 
                practicable, align the reporting requirements under 
                this section with the reporting requirements under 
                section 725.
    ``(c) Requirement To Provide Information to Participants or 
Beneficiaries.--A group health plan, including with respect to group 
health insurance coverage offered in connection with a group health 
plan, upon request of a participant or beneficiary, shall provide to 
such participant or beneficiary--
            ``(1) the summary document described in subsection 
        (b)(2)(B)(ii); and
            ``(2) the information described in subsection 
        (b)(2)(A)(i)(III) with respect to a claim made by or on behalf 
        of such participant or beneficiary.
    ``(d) Rule of Construction.--Nothing in this section shall be 
construed to permit a health insurance issuer, group health plan, 
entity providing pharmacy benefit management services on behalf of a 
group health plan or health insurance issuer, or other entity to 
restrict disclosure to, or otherwise limit the access of, the Secretary 
to a report described in subsection (b)(1) or information related to 
compliance with subsections (a), (b), or (c) of this section or section 
502(c)(13) by such issuer, plan, or entity.
    ``(e) Definitions.--In this section:
            ``(1) Applicable entity.--The term `applicable entity' 
        means--
                    ``(A) an applicable group purchasing organization, 
                drug manufacturer, distributor, wholesaler, rebate 
                aggregator (or other purchasing entity designed to 
                aggregate rebates), or associated third party;
                    ``(B) any subsidiary, parent, affiliate, or 
                subcontractor of a group health plan, health insurance 
                issuer, entity that provides pharmacy benefit 
                management services on behalf of such a plan or issuer, 
                or any entity described in subparagraph (A); or
                    ``(C) such other entity as the Secretary may 
                specify through rulemaking.
            ``(2) Applicable group purchasing organization.--The term 
        `applicable group purchasing organization' means a group 
        purchasing organization that is affiliated with or under common 
        ownership with an entity providing pharmacy benefit management 
        services.
            ``(3) Contracted compensation.--The term `contracted 
        compensation' means the sum of any ingredient cost and 
        dispensing fee for a drug (inclusive of the out-of-pocket costs 
        to the participant or beneficiary), or another analogous 
        compensation structure that the Secretary may specify through 
        regulations.
            ``(4) Gross spending.--The term `gross spending', with 
        respect to prescription drug benefits under a group health plan 
        or health insurance coverage, means the amount spent by a group 
        health plan or health insurance issuer on prescription drug 
        benefits, calculated before the application of rebates, fees, 
        alternative discounts, or other remuneration.
            ``(5) Net spending.--The term `net spending', with respect 
        to prescription drug benefits under a group health plan or 
        health insurance coverage, means the amount spent by a group 
        health plan or health insurance issuer on prescription drug 
        benefits, calculated after the application of rebates, fees, 
        alternative discounts, or other remuneration.
            ``(6) Plan sponsor.--The term `plan sponsor' has the 
        meaning given such term in section 3(16)(B).
            ``(7) Remuneration.--The term `remuneration' has the 
        meaning given such term by the Secretary through rulemaking, 
        which shall be reevaluated by the Secretary every 5 years.
            ``(8) Specified large employer.--The term `specified large 
        employer' means, in connection with a group health plan 
        (including group health insurance coverage offered in 
        connection with such a plan) established or maintained by a 
        single employer, with respect to a calendar year or a plan 
        year, as applicable, an employer who employed an average of at 
        least 100 employees on business days during the preceding 
        calendar year or plan year and who employs at least 1 employee 
        on the first day of the calendar year or plan year.
            ``(9) Specified large plan.--The term `specified large 
        plan' means a group health plan (including group health 
        insurance coverage offered in connection with such a plan) 
        established or maintained by a plan sponsor described in clause 
        (ii) or (iii) of section 3(16)(B) that had an average of at 
        least 100 participants on business days during the preceding 
        calendar year or plan year, as applicable.
            ``(10) Wholesale acquisition cost.--The term `wholesale 
        acquisition cost' has the meaning given such term in section 
        1847A(c)(6)(B) of the Social Security Act (42 U.S.C. 1395w-
        3a(c)(6)(B)).'';
                    (B) in section 502 (29 U.S.C. 1132)--
                            (i) in subsection (a)(6), by striking ``or 
                        (9)'' and inserting ``(9), or (13)'';
                            (ii) in subsection (b)(3), by striking 
                        ``under subsection (c)(9)'' and inserting 
                        ``under paragraphs (9) and (13) of subsection 
                        (c)''; and
                            (iii) in subsection (c), by adding at the 
                        end the following:
            ``(13) Secretarial enforcement authority relating to 
        oversight of pharmacy benefit management services.--
                    ``(A) Failure to provide information.--The 
                Secretary may impose a penalty against a plan 
                administrator of a group health plan, a health 
                insurance issuer offering group health insurance 
                coverage, or an entity providing pharmacy benefit 
                management services on behalf of such a plan or issuer, 
                or an applicable entity (as defined in section 726(f)) 
                that violates section 726(a); an entity providing 
                pharmacy benefit management services on behalf of such 
                a plan or issuer that fails to provide the information 
                required under section 726(b); or any person who causes 
                a group health plan to fail to provide the information 
                required under section 726(c), in the amount of $10,000 
                for each day during which such violation continues or 
                such information is not disclosed or reported.
                    ``(B) False information.--The Secretary may impose 
                a penalty against a plan administrator of a group 
                health plan, a health insurance issuer offering group 
                health insurance coverage, an entity providing pharmacy 
                benefit management services, or an applicable entity 
                (as defined in section 726(f)) that knowingly provides 
                false information under section 726, in an amount not 
                to exceed $100,000 for each item of false information. 
                Such penalty shall be in addition to other penalties as 
                may be prescribed by law.
                    ``(C) Waivers.--The Secretary may waive penalties 
                under subparagraph (A), or extend the period of time 
                for compliance with a requirement of this section, for 
                an entity in violation of section 726 that has made a 
                good-faith effort to comply with the requirements of 
                section 726.''; and
                    (C) in section 732(a) (29 U.S.C. 1191a(a)), by 
                striking ``section 711'' and inserting ``sections 711 
                and 726''.
            (2) Clerical amendment.--The table of contents in section 1 
        of the Employee Retirement Income Security Act of 1974 (29 
        U.S.C. 1001 et seq.) is amended by inserting after the item 
        relating to section 725 the following new item:

``Sec. 726. Oversight of entities that provide pharmacy benefit 
                            management services.''.
    (c) Internal Revenue Code of 1986.--
            (1) In general.--Chapter 100 of the Internal Revenue Code 
        of 1986 is amended by adding at the end of subchapter B the 
        following:

``SEC. 9826. OVERSIGHT OF ENTITIES THAT PROVIDE PHARMACY BENEFIT 
              MANAGEMENT SERVICES.

    ``(a) In General.--For plan years beginning on or after the date 
that is 30 months after the date of enactment of this section (referred 
to in this subsection and subsection (b) as the `effective date'), a 
group health plan, or an entity providing pharmacy benefit management 
services on behalf of such a plan, shall not enter into a contract, 
including an extension or renewal of a contract, entered into on or 
after the effective date, with an applicable entity unless such 
applicable entity agrees to--
            ``(1) not limit or delay the disclosure of information to 
        the group health plan in such a manner that prevents an entity 
        providing pharmacy benefit management services on behalf of a 
        group health plan from making the reports described in 
        subsection (b); and
            ``(2) provide the entity providing pharmacy benefit 
        management services on behalf of a group health plan relevant 
        information necessary to make the reports described in 
        subsection (b).
    ``(b) Reports.--
            ``(1) In general.--For plan years beginning on or after the 
        effective date, in the case of any contract between a group 
        health plan and an entity providing pharmacy benefit management 
        services on behalf of such plan, including an extension or 
        renewal of such a contract, entered into on or after the 
        effective date, the entity providing pharmacy benefit 
        management services on behalf of such a group health plan, not 
        less frequently than every 6 months (or, at the request of a 
        group health plan, not less frequently than quarterly, and 
        under the same conditions, terms, and cost of the semiannual 
        report under this subsection), shall submit to the group health 
        plan a report in accordance with this section. Each such report 
        shall be made available to such group health plan in plain 
        language, in a machine-readable format, and as the Secretary 
        may determine, other formats. Each such report shall include 
        the information described in paragraph (2).
            ``(2) Information described.--For purposes of paragraph 
        (1), the information described in this paragraph is, with 
        respect to drugs covered by a group health plan during each 
        reporting period--
                    ``(A) in the case of a group health plan that is 
                offered by a specified large employer or that is a 
                specified large plan, and is not offered as health 
                insurance coverage, or in the case of health insurance 
                coverage for which the election under paragraph (3) is 
                made for the applicable reporting period--
                            ``(i) a list of drugs for which a claim was 
                        filed and, with respect to each such drug on 
                        such list--
                                    ``(I) the contracted compensation 
                                paid by the group health plan for each 
                                covered drug (identified by the 
                                National Drug Code) to the entity 
                                providing pharmacy benefit management 
                                services or other applicable entity on 
                                behalf of the group health plan;
                                    ``(II) the contracted compensation 
                                paid to the pharmacy, by any entity 
                                providing pharmacy benefit management 
                                services or other applicable entity on 
                                behalf of the group health plan, for 
                                each covered drug (identified by the 
                                National Drug Code);
                                    ``(III) for each such claim, the 
                                difference between the amount paid 
                                under subclause (I) and the amount paid 
                                under subclause (II);
                                    ``(IV) the proprietary name, 
                                established name or proper name, and 
                                National Drug Code;
                                    ``(V) for each claim for the drug 
                                (including original prescriptions and 
                                refills) and for each dosage unit of 
                                the drug for which a claim was filed, 
                                the type of dispensing channel used to 
                                furnish the drug, including retail, 
                                mail order, or specialty pharmacy;
                                    ``(VI) with respect to each drug 
                                dispensed, for each type of dispensing 
                                channel (including retail, mail order, 
                                or specialty pharmacy)--
                                            ``(aa) whether such drug is 
                                        a brand name drug or a generic 
                                        drug, and--

                                                    ``(AA) in the case 
                                                of a brand name drug, 
                                                the wholesale 
                                                acquisition cost, 
                                                listed as cost per days 
                                                supply and cost per 
                                                dosage unit, on the 
                                                date such drug was 
                                                dispensed; and

                                                    ``(BB) in the case 
                                                of a generic drug, the 
                                                average wholesale 
                                                price, listed as cost 
                                                per days supply and 
                                                cost per dosage unit, 
                                                on the date such drug 
                                                was dispensed; and

                                            ``(bb) the total number 
                                        of--

                                                    ``(AA) prescription 
                                                claims (including 
                                                original prescriptions 
                                                and refills);

                                                    ``(BB) participants 
                                                and beneficiaries for 
                                                whom a claim for such 
                                                drug was filed through 
                                                the applicable 
                                                dispensing channel;

                                                    ``(CC) dosage units 
                                                and dosage units per 
                                                fill of such drug; and

                                                    ``(DD) days supply 
                                                of such drug per fill;

                                    ``(VII) the net price per course of 
                                treatment or single fill, such as a 30-
                                day supply or 90-day supply to the plan 
                                after rebates, fees, alternative 
                                discounts, or other remuneration 
                                received from applicable entities;
                                    ``(VIII) the total amount of out-
                                of-pocket spending by participants and 
                                beneficiaries on such drug, including 
                                spending through copayments, 
                                coinsurance, and deductibles, but not 
                                including any amounts spent by 
                                participants and beneficiaries on drugs 
                                not covered under the plan, or for 
                                which no claim is submitted under the 
                                plan;
                                    ``(IX) the total net spending on 
                                the drug;
                                    ``(X) the total amount received, or 
                                expected to be received, by the plan 
                                from any applicable entity in rebates, 
                                fees, alternative discounts, or other 
                                remuneration;
                                    ``(XI) the total amount received, 
                                or expected to be received, by the 
                                entity providing pharmacy benefit 
                                management services, from applicable 
                                entities, in rebates, fees, alternative 
                                discounts, or other remuneration from 
                                such entities--
                                            ``(aa) for claims incurred 
                                        during the reporting period; 
                                        and
                                            ``(bb) that is related to 
                                        utilization of such drug or 
                                        spending on such drug; and
                                    ``(XII) to the extent feasible, 
                                information on the total amount of 
                                remuneration for such drug, including 
                                copayment assistance dollars paid, 
                                copayment cards applied, or other 
                                discounts provided by each drug 
                                manufacturer (or entity administering 
                                copayment assistance on behalf of such 
                                drug manufacturer), to the participants 
                                and beneficiaries enrolled in such 
                                plan;
                            ``(ii) a list of each therapeutic class (as 
                        defined by the Secretary) for which a claim was 
                        filed under the group health plan during the 
                        reporting period, and, with respect to each 
                        such therapeutic class--
                                    ``(I) the total gross spending on 
                                drugs in such class before rebates, 
                                price concessions, alternative 
                                discounts, or other remuneration from 
                                applicable entities;
                                    ``(II) the net spending in such 
                                class after such rebates, price 
                                concessions, alternative discounts, or 
                                other remuneration from applicable 
                                entities;
                                    ``(III) the total amount received, 
                                or expected to be received, by the 
                                entity providing pharmacy benefit 
                                management services, from applicable 
                                entities, in rebates, fees, alternative 
                                discounts, or other remuneration from 
                                such entities--
                                            ``(aa) for claims incurred 
                                        during the reporting period; 
                                        and
                                            ``(bb) that is related to 
                                        utilization of drugs or drug 
                                        spending;
                                    ``(IV) the average net spending per 
                                30-day supply and per 90-day supply by 
                                the plan and its participants and 
                                beneficiaries, among all drugs within 
                                the therapeutic class for which a claim 
                                was filed during the reporting period;
                                    ``(V) the number of participants 
                                and beneficiaries who filled a 
                                prescription for a drug in such class, 
                                including the National Drug Code for 
                                each such drug;
                                    ``(VI) if applicable, a description 
                                of the formulary tiers and utilization 
                                mechanisms (such as prior authorization 
                                or step therapy) employed for drugs in 
                                that class; and
                                    ``(VII) the total out-of-pocket 
                                spending under the plan by participants 
                                and beneficiaries, including spending 
                                through copayments, coinsurance, and 
                                deductibles, but not including any 
                                amounts spent by participants and 
                                beneficiaries on drugs not covered 
                                under the plan or for which no claim is 
                                submitted under the plan;
                            ``(iii) with respect to any drug for which 
                        gross spending under the group health plan 
                        exceeded $10,000 during the reporting period 
                        or, in the case that gross spending under the 
                        group health plan exceeded $10,000 during the 
                        reporting period with respect to fewer than 50 
                        drugs, with respect to the 50 prescription 
                        drugs with the highest spending during the 
                        reporting period--
                                    ``(I) a list of all other drugs in 
                                the same therapeutic class as such 
                                drug;
                                    ``(II) if applicable, the rationale 
                                for the formulary placement of such 
                                drug in that therapeutic category or 
                                class, selected from a list of standard 
                                rationales established by the 
                                Secretary, in consultation with 
                                stakeholders; and
                                    ``(III) any change in formulary 
                                placement compared to the prior plan 
                                year; and
                            ``(iv) in the case that such plan (or an 
                        entity providing pharmacy benefit management 
                        services on behalf of such plan) has an 
                        affiliated pharmacy or pharmacy under common 
                        ownership, including mandatory mail and 
                        specialty home delivery programs, retail and 
                        mail auto-refill programs, and cost sharing 
                        assistance incentives funded by an entity 
                        providing pharmacy benefit services--
                                    ``(I) an explanation of any benefit 
                                design parameters that encourage or 
                                require participants and beneficiaries 
                                in the plan to fill prescriptions at 
                                mail order, specialty, or retail 
                                pharmacies;
                                    ``(II) the percentage of total 
                                prescriptions dispensed by such 
                                pharmacies to participants or 
                                beneficiaries in such plan; and
                                    ``(III) a list of all drugs 
                                dispensed by such pharmacies to 
                                participants or beneficiaries enrolled 
                                in such plan, and, with respect to each 
                                drug dispensed--
                                            ``(aa) the amount charged, 
                                        per dosage unit, per 30-day 
                                        supply, or per 90-day supply 
                                        (as applicable) to the plan, 
                                        and to participants and 
                                        beneficiaries;
                                            ``(bb) the median amount 
                                        charged to such plan, and the 
                                        interquartile range of the 
                                        costs, per dosage unit, per 30-
                                        day supply, and per 90-day 
                                        supply, including amounts paid 
                                        by the participants and 
                                        beneficiaries, when the same 
                                        drug is dispensed by other 
                                        pharmacies that are not 
                                        affiliated with or under common 
                                        ownership with the entity and 
                                        that are included in the 
                                        pharmacy network of such plan;
                                            ``(cc) the lowest cost per 
                                        dosage unit, per 30-day supply 
                                        and per 90-day supply, for each 
                                        such drug, including amounts 
                                        charged to the plan and to 
                                        participants and beneficiaries, 
                                        that is available from any 
                                        pharmacy included in the 
                                        network of such plan; and
                                            ``(dd) the net acquisition 
                                        cost per dosage unit, per 30-
                                        day supply, and per 90-day 
                                        supply, if such drug is subject 
                                        to a maximum price discount; 
                                        and
                    ``(B) with respect to any group health plan, 
                regardless of whether the plan is offered by a 
                specified large employer or whether it is a specified 
                large plan--
                            ``(i) a summary document for the group 
                        health plan that includes such information 
                        described in clauses (i) through (iv) of 
                        subparagraph (A), as specified by the Secretary 
                        through guidance, program instruction, or 
                        otherwise (with no requirement of notice and 
                        comment rulemaking), that the Secretary 
                        determines useful to group health plans for 
                        purposes of selecting pharmacy benefit 
                        management services, such as an estimated net 
                        price to group health plan and participant or 
                        beneficiary, a cost per claim, the fee 
                        structure or reimbursement model, and estimated 
                        cost per participant or beneficiary;
                            ``(ii) a summary document for plans to 
                        provide to participants and beneficiaries, 
                        which shall be made available to participants 
                        or beneficiaries upon request to their group 
                        health plan, that--
                                    ``(I) contains such information 
                                described in clauses (iii), (iv), (v), 
                                and (vi), as applicable, as specified 
                                by the Secretary through guidance, 
                                program instruction, or otherwise (with 
                                no requirement of notice and comment 
                                rulemaking) that the Secretary 
                                determines useful to participants or 
                                beneficiaries in better understanding 
                                the plan or benefits under such plan;
                                    ``(II) contains only aggregate 
                                information; and
                                    ``(III) states that participants 
                                and beneficiaries may request specific, 
                                claims-level information required to be 
                                furnished under subsection (c) from the 
                                group health plan;
                            ``(iii) with respect to drugs covered by 
                        such plan during such reporting period--
                                    ``(I) the total net spending by the 
                                plan for all such drugs;
                                    ``(II) the total amount received, 
                                or expected to be received, by the plan 
                                from any applicable entity in rebates, 
                                fees, alternative discounts, or other 
                                remuneration; and
                                    ``(III) to the extent feasible, 
                                information on the total amount of 
                                remuneration for such drugs, including 
                                copayment assistance dollars paid, 
                                copayment cards applied, or other 
                                discounts provided by each drug 
                                manufacturer (or entity administering 
                                copayment assistance on behalf of such 
                                drug manufacturer) to participants and 
                                beneficiaries;
                            ``(iv) amounts paid directly or indirectly 
                        in rebates, fees, or any other type of 
                        compensation (as defined in section 
                        408(b)(2)(B)(ii)(dd)(AA) of the Employee 
                        Retirement Income Security Act (29 U.S.C. 
                        1108(b)(2)(B)(ii)(dd)(AA))) to brokerage firms, 
                        brokers, consultants, advisors, or any other 
                        individual or firm, for--
                                    ``(I) the referral of the group 
                                health plan's business to an entity 
                                providing pharmacy benefit management 
                                services, including the identity of the 
                                recipient of such amounts;
                                    ``(II) consideration of the entity 
                                providing pharmacy benefit management 
                                services by the group health plan; or
                                    ``(III) the retention of the entity 
                                by the group health plan;
                            ``(v) an explanation of any benefit design 
                        parameters that encourage or require 
                        participants and beneficiaries in such plan to 
                        fill prescriptions at mail order, specialty, or 
                        retail pharmacies that are affiliated with or 
                        under common ownership with the entity 
                        providing pharmacy benefit management services 
                        under such plan, including mandatory mail and 
                        specialty home delivery programs, retail and 
                        mail auto-refill programs, and cost-sharing 
                        assistance incentives directly or indirectly 
                        funded by such entity; and
                            ``(vi) total gross spending on all drugs 
                        under the plan during the reporting period.
            ``(3) Opt-in for group health insurance coverage offered by 
        a specified large employer or that is a specified large plan.--
        In the case of group health insurance coverage offered in 
        connection with a group health plan that is offered by a 
        specified large employer or is a specified large plan, such 
        group health plan may, on an annual basis, for plan years 
        beginning on or after the date that is 30 months after the date 
        of enactment of this section, elect to require an entity 
        providing pharmacy benefit management services on behalf of the 
        health insurance issuer to submit to such group health plan a 
        report that includes all of the information described in 
        paragraph (2)(A), in addition to the information described in 
        paragraph (2)(B).
            ``(4) Privacy requirements.--
                    ``(A) In general.--An entity providing pharmacy 
                benefit management services on behalf of a group health 
                plan shall report information under paragraph (1) in a 
                manner consistent with the privacy regulations 
                promulgated under section 13402(a) of the Health 
                Information Technology for Economic and Clinical Health 
                Act (42 U.S.C. 17932(a)) and consistent with the 
                privacy regulations promulgated under the Health 
                Insurance Portability and Accountability Act of 1996 in 
                part 160 and subparts A and E of part 164 of title 45, 
                Code of Federal Regulations (or successor regulations) 
                (referred to in this paragraph as the `HIPAA privacy 
                regulations') and shall restrict the use and disclosure 
                of such information according to such privacy 
                regulations and such HIPAA privacy regulations.
                    ``(B) Additional requirements.--
                            ``(i) In general.--An entity providing 
                        pharmacy benefit management services on behalf 
                        of a group health plan that submits a report 
                        under paragraph (1) shall ensure that such 
                        report contains only summary health 
                        information, as defined in section 164.504(a) 
                        of title 45, Code of Federal Regulations (or 
                        successor regulations).
                            ``(ii) Restrictions.--In carrying out this 
                        subsection, a group health plan shall comply 
                        with section 164.504(f) of title 45, Code of 
                        Federal Regulations (or a successor 
                        regulation), and a plan sponsor shall act in 
                        accordance with the terms of the agreement 
                        described in such section.
                    ``(C) Rule of construction.--
                            ``(i) Nothing in this section shall be 
                        construed to modify the requirements for the 
                        creation, receipt, maintenance, or transmission 
                        of protected health information under the HIPAA 
                        privacy regulations.
                            ``(ii) Nothing in this section shall be 
                        construed to affect the application of any 
                        Federal or State privacy or civil rights law, 
                        including the HIPAA privacy regulations, the 
                        Genetic Information Nondiscrimination Act of 
                        2008 (Public Law 110-233) (including the 
                        amendments made by such Act), the Americans 
                        with Disabilities Act of 1990 (42 U.S.C. 12101 
                        et seq.), section 504 of the Rehabilitation Act 
                        of 1973 (29 U.S.C. 794), section 1557 of the 
                        Patient Protection and Affordable Care Act (42 
                        U.S.C. 18116), title VI of the Civil Rights Act 
                        of 1964 (42 U.S.C. 2000d), and title VII of the 
                        Civil Rights Act of 1964 (42 U.S.C. 2000e).
                    ``(D) Written notice.--Each plan year, group health 
                plans shall provide to each participant or beneficiary 
                written notice informing the participant or beneficiary 
                of the requirement for entities providing pharmacy 
                benefit management services on behalf of the group 
                health plan to submit reports to group health plans 
                under paragraph (1), as applicable, which may include 
                incorporating such notification in plan documents 
                provided to the participant or beneficiary, or 
                providing individual notification.
                    ``(E) Limitation to business associates.--A group 
                health plan receiving a report under paragraph (1) may 
                disclose such information only to the entity from which 
                the report was received or to that entity's business 
                associates as defined in section 160.103 of title 45, 
                Code of Federal Regulations (or successor regulations) 
                or as permitted by the HIPAA privacy regulations.
                    ``(F) Clarification regarding public disclosure of 
                information.--Nothing in this section shall prevent an 
                entity providing pharmacy benefit management services 
                on behalf of a group health plan, from placing 
                reasonable restrictions on the public disclosure of the 
                information contained in a report described in 
                paragraph (1), except that such plan or entity may 
                not--
                            ``(i) restrict disclosure of such report to 
                        the Department of Health and Human Services, 
                        the Department of Labor, or the Department of 
                        the Treasury; or
                            ``(ii) prevent disclosure for the purposes 
                        of subsection (c), or any other public 
                        disclosure requirement under this section.
                    ``(G) Limited form of report.--The Secretary shall 
                define through rulemaking a limited form of the report 
                under paragraph (1) required with respect to any group 
                health plan established by a plan sponsor that is, or 
                is affiliated with, a drug manufacturer, drug 
                wholesaler, or other direct participant in the drug 
                supply chain, in order to prevent anti-competitive 
                behavior.
            ``(5) Standard format and regulations.--
                    ``(A) In general.--Not later than 18 months after 
                the date of enactment of this section, the Secretary 
                shall specify through rulemaking a standard format for 
                entities providing pharmacy benefit management services 
                on behalf of group health plans, to submit reports 
                required under paragraph (1).
                    ``(B) Additional regulations.--Not later than 18 
                months after the date of enactment of this section, the 
                Secretary shall, through rulemaking, promulgate any 
                other final regulations necessary to implement the 
                requirements of this section. In promulgating such 
                regulations, the Secretary shall, to the extent 
                practicable, align the reporting requirements under 
                this section with the reporting requirements under 
                section 9825.
    ``(c) Requirement To Provide Information to Participants or 
Beneficiaries.--A group health plan, upon request of a participant or 
beneficiary, shall provide to such participant or beneficiary--
            ``(1) the summary document described in subsection 
        (b)(2)(B)(ii); and
            ``(2) the information described in subsection 
        (b)(2)(A)(i)(III) with respect to a claim made by or on behalf 
        of such participant or beneficiary.
    ``(d) Rule of Construction.--Nothing in this section shall be 
construed to permit a health insurance issuer, group health plan, 
entity providing pharmacy benefit management services on behalf of a 
group health plan or health insurance issuer, or other entity to 
restrict disclosure to, or otherwise limit the access of, the Secretary 
to a report described in subsection (b)(1) or information related to 
compliance with subsections (a), (b), or (c) of this section or section 
4980D(g) by such issuer, plan, or entity.
    ``(e) Definitions.--In this section:
            ``(1) Applicable entity.--The term `applicable entity' 
        means--
                    ``(A) an applicable group purchasing organization, 
                drug manufacturer, distributor, wholesaler, rebate 
                aggregator (or other purchasing entity designed to 
                aggregate rebates), or associated third party;
                    ``(B) any subsidiary, parent, affiliate, or 
                subcontractor of a group health plan, health insurance 
                issuer, entity that provides pharmacy benefit 
                management services on behalf of such a plan or issuer, 
                or any entity described in subparagraph (A); or
                    ``(C) such other entity as the Secretary may 
                specify through rulemaking.
            ``(2) Applicable group purchasing organization.--The term 
        `applicable group purchasing organization' means a group 
        purchasing organization that is affiliated with or under common 
        ownership with an entity providing pharmacy benefit management 
        services.
            ``(3) Contracted compensation.--The term `contracted 
        compensation' means the sum of any ingredient cost and 
        dispensing fee for a drug (inclusive of the out-of-pocket costs 
        to the participant or beneficiary), or another analogous 
        compensation structure that the Secretary may specify through 
        regulations.
            ``(4) Gross spending.--The term `gross spending', with 
        respect to prescription drug benefits under a group health 
        plan, means the amount spent by a group health plan on 
        prescription drug benefits, calculated before the application 
        of rebates, fees, alternative discounts, or other remuneration.
            ``(5) Net spending.--The term `net spending', with respect 
        to prescription drug benefits under a group health plan, means 
        the amount spent by a group health plan on prescription drug 
        benefits, calculated after the application of rebates, fees, 
        alternative discounts, or other remuneration.
            ``(6) Plan sponsor.--The term `plan sponsor' has the 
        meaning given such term in section 3(16)(B) of the Employee 
        Retirement Income Security Act of 1974 (29 U.S.C. 1002(16)(B)).
            ``(7) Remuneration.--The term `remuneration' has the 
        meaning given such term by the Secretary, through rulemaking, 
        which shall be reevaluated by the Secretary every 5 years.
            ``(8) Specified large employer.--The term `specified large 
        employer' means, in connection with a group health plan 
        established or maintained by a single employer, with respect to 
        a calendar year or a plan year, as applicable, an employer who 
        employed an average of at least 100 employees on business days 
        during the preceding calendar year or plan year and who employs 
        at least 1 employee on the first day of the calendar year or 
        plan year.
            ``(9) Specified large plan.--The term `specified large 
        plan' means a group health plan established or maintained by a 
        plan sponsor described in clause (ii) or (iii) of section 
        3(16)(B) of the Employee Retirement Income Security Act of 1974 
        (29 U.S.C. 1002(16)(B)) that had an average of at least 100 
        participants on business days during the preceding calendar 
        year or plan year, as applicable.
            ``(10) Wholesale acquisition cost.--The term `wholesale 
        acquisition cost' has the meaning given such term in section 
        1847A(c)(6)(B) of the Social Security Act (42 U.S.C. 1395w-
        3a(c)(6)(B)).''.
            (2) Exception for certain group health plans.--Section 
        9831(a)(2) of the Internal Revenue Code of 1986 is amended by 
        inserting ``other than with respect to section 9826,'' before 
        ``any group health plan''.
            (3) Enforcement.--Section 4980D of the Internal Revenue 
        Code of 1986 is amended by adding at the end the following new 
        subsection:
    ``(g) Application to Requirements Imposed on Certain Entities 
Providing Pharmacy Benefit Management Services.--In the case of any 
requirement under section 9826 that applies with respect to an entity 
providing pharmacy benefit management services on behalf of a group 
health plan, any reference in this section to such group health plan 
(and the reference in subsection (e)(1) to the employer) shall be 
treated as including a reference to such entity.''.
            (4) Clerical amendment.--The table of sections for 
        subchapter B of chapter 100 of the Internal Revenue Code of 
        1986 is amended by adding at the end the following new item:

``Sec. 9826. Oversight of entities that provide pharmacy benefit 
                            management services.''.

SEC. 202. FUNDING COST SHARING REDUCTION PAYMENTS.

    Section 1402 of the Patient Protection and Affordable Care Act (42 
U.S.C. 18071) is amended by adding at the end the following new 
subsection:
    ``(h) Funding.--
            ``(1) In general.--There are appropriated out of any monies 
        in the Treasury not otherwise appropriated such sums as may be 
        necessary for purposes of making payments under this section 
        for plan years beginning on or after January 1, 2027.
            ``(2) Limitation.--
                    ``(A) In general.--The amounts appropriated under 
                paragraph (1) may not be used for purposes of making 
                payments under this section for a qualified health plan 
                that provides health benefit coverage that includes 
                coverage of abortion.
                    ``(B) Exception.--Subparagraph (A) shall not apply 
                to payments for a qualified health plan that provides 
                coverage of abortion only if necessary to save the life 
                of the mother or if the pregnancy is a result of an act 
                of rape or incest.''.
                                 <all>