New federal PBM transparency mandates include $10K-per-day fines for employers

By Allison Bell

News February 09, 2026 at 06:06 PM

Share & Print

What You Need To Know

Employers can avoid the fines by showing that they tried to comply.
The maximum penalty for PBMs and insurers that knowingly give false information is $100,000 per false item.
A Lockton analyst predicts PBMs will try to make plan sponsors responsible for PBM penalties.

More From HR Executive

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.