S 527 · 119th Congress

Prescription Pricing for the People Act of 2025

This bill asks the Federal Trade Commission (FTC) to investigate how middlemen in the prescription drug supply chain are affecting prices and competition. The main focus is on pharmacy benefit managers (PBMs)—companies that sit between insurance companies and pharmacies to manage drug benefits. The FTC will study wh…

Sponsor

Grassley, Chuck (R-Iowa)

Introduced

2025-02-11

Policy area

Commerce

Latest action

Placed on Senate Legislative Calendar under General Orders. Calendar No. 42.