,,ii  #aaith ,,congress  #ast ,session  
,s4 #ccdi  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,december #d1  
#bjbe,mr4 ,marshall 7for himself and    
,ms4 ,blunt ,rochester7 introduced the  
following bill2 which was read twice and
 referred to the ,committee on ,health1 
,education1 ,labor1 and ,pensions  ,a   
,,bill  ,to clarify the requirement to  
disclose direct and indirect            
compensation from entities providing    
pharmacy benefit management services or 
third party administration services4    
#a4 ,short title ,this ,act may be cited
 as the ,,pbm ,disclosure ,act4  #b4    
,clarification of requirement to        
disclose direct and indirect            
compensation for brokers and consultants
 to employer-sponsored health plans  7a7
 ,in general ,section                   
#djh7;b77#b77;,b77ii77,i77bb7 of the    
,employee ,retirement ,income ,security 
,act of #aigd 7#bi ,u4,s4,c4            
#aajh7;b77#b77;,b77ii77,i77bb77 is      
amended by adding at the end the        

following3 7,,cc7 ,pharmacy benefit     
management services provided by pharmacy
 benefit managers or other service      
providers and related services provided 
by third party administrators 7or other 
entities providing such services7 for   
which the covered service provider1 an  
affiliate1 or a subcontractor reasonably
 expects to receive indirect            
compensation or direct compensation     
described in item 7dd74 4  7b7          
,regulations ,not later than #ahj days  
after the date of enactment of this     
,act1 the ,secretary of ,labor shall    
promulgate regulations1 through notice  
and comment rulemaking1 clarifying the  
requirements of section                 
#djh7;b77#b77;,b7 of the ,employee      
,retirement ,income ,security ,act of   
#aigd 7#bi ,u4,s4,c4 #aajh7;b77#b77;,b77
 with respect to covered service        
providers providing services described  
in subitem 7,,cc7 of subclause 7,i77bb7 
of such section1 as amended by          
subsection 7a74 ,such regulations shall 

apply with respect to any plan year that
 begins on or after the date that is #f 
months after such regulations are       
promulgated4  7c7 ,sense of ,congress   
,it is the sense of ,congress that the  
amendment made by subsection 7a7        
clarifies the existing requirement of   
covered service providers with respect  
to services described in section        
#djh7;b77#b77;,b77ii77,i77bb77,,bb7 of  
the ,employee ,retirement ,income       
,security ,act of #aigd 7#bi ,u4,s4,c4  
#aajh7;b77#b77;,b77ii77,i77bb77,,bb77   
that were in effect since the           
application date described in section   
#bjb7;e7 of the ,no ,surprises ,act     
7,public ,law #aaf-bfj2 #bi ,u4,s4,c4   
#aajh note71 and does not impose any    
additional requirement under section    
#djh7;b77#b77;,b7 of the ,employee      
,retirement ,income ,security ,act of   
#aigd 7#bi ,u4,s4,c4                    
#aajh7;b77#b77;,b774