H.R. 2970 would ensure integrity in the operation of pharmacy benefit managers.

== Detailed Summary ==

<summary>
(LogPharmacy Benefit Manager Transparency Act of 2007 - Prohibits any pharmaceutical drug manufacturer from having a controlling interest in to editan entity that is a pharmacy benefit manager. Allows the wikiSecretary of Health and beHuman Services to issue civil penalties for violations as necessary.

Prohibits pharmacy benefit managers from making drug interchanges: (1) to a drug with a greater cost; (2) without disclosure to the firstindividual of the savings associated with the interchange; or (3) from a drug with generic equivalents to provide a detailed summarydrug without generic equivalents, unless the latter is lower in cost than each of the bill!)generic equivalents of the drug from which the prescription would be changed.

Requires pharmacy benefit managers to annually disclose all compensation received from drug manufacturers to the Antitrust Division of the Department of Justice (DOJ) and to the client plans of such manager.
</summary>

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== Status of the Legislation ==

<status>
(Log inLatest Major Action: 7/10/2007: Referred to House committee. Status: Referred to edit the wikiHouse Committee on Energy and be the first to update the status of the bill!)Commerce.
</status>

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== Points in Favor ==

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== Points Against ==

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