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Proposed rule

Improving Transparency Into Pharmacy Benefit Manager Fee Disclosure; Extension of Comment Period

Built by the Tribune's code from the Federal Register. No AI wrote this page. Published in the Federal Register March 2, 2026. Document 2026-04084. Updated Nov. 14, 2026.

What it does

This document extends the comment period on the Department's Improving Transparency Into Pharmacy Benefit Manager Fee Disclosure proposed rule. The proposed rule would require providers of pharmacy benefit management services and affiliated providers of brokerage and consulting services to disclose information about their compensation to fiduciaries of self-insured group health plans subject to the Employee Retirement Income Security Act (ERISA), for purposes of ERISA's statutory prohibited transaction exemption for services arrangements. The proposed rule was published in the Federal Register on January 30, 2026, with a comment deadline of March 31, 2026. On February 3, 2026, the Consolidated Appropriations Act, 2026 amended ERISA to add several provisions relating to providers of pharmacy benefit management services. Consequently, the Department is extending the comment period for an additional 15 days, to April 15, 2026, to allow interested persons to address whether the rule should be adjusted due to these new statutory provisions.

The Employee Benefits Security Administration's summary, as published in the Federal Register.

What it would change

1 part of Title 29 of the Code of Federal Regulations:

29 CFR 2550

Wording on eCFR: the day before it took effect and from the day it took effect (first part listed).

Before this

1 earlier Federal Register document under regulation identifier 1210-AB37 since Jan. 1, 2025.

Since then:

What happens next and when

The comment period for the proposed rule published January 30, 2026, at 91 FR 4348, is extended. Comments should be received on or before April 15, 2026.

The agency's dates, word for word.

Document number2026-04084
ActionProposed rule; extension of the comment period.
AgenciesLabor Department; Employee Benefits Security Administration
PublishedMarch 2, 2026
Effective dateJan. 30, 2026
Comments closeApril 15, 2026
Regulation identifier (RIN)1210-AB37
DocketEBSA-2026-0001
Significant (marked in the Federal Register)Yes

Source: the Federal Register (public domain). The document in the Federal Register