President Calls For Proposed ‘Transparency’ Regs On PBM Fees In Executive Order

( April 21, 2025, 11:45 AM EDT) -- WASHINGTON, D.C. — Pharmacy benefit managers (PBMs) are one focus of an executive order titled “Lowering Drug Prices by Once Again Putting Americans First,” with President Donald J. Trump calling for the secretary of Labor to propose regulations under the Employee Retirement Income Security Act “to improve employer health plan fiduciary transparency into the direct and indirect compensation received by pharmacy benefit managers.”...