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Data / Federal rules / 2026-04084

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

The Employee Benefits Security Administration published this proposed rule in the Federal Register on March 2, 2026. It took effect on January 30, 2026. Comments closed on April 15, 2026.

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What the agency says

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.

Key facts

Document number
2026-04084
Type
Proposed rule
Action
Proposed rule; extension of the comment period
Agency
Labor Department; Employee Benefits Security Administration
Published
March 2, 2026
Takes effect
January 30, 2026
Comments due
April 15, 2026
Dates
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.
Regulation ID (RIN)
1210-AB37
Code of Federal Regulations
29 CFR 2550
Significant
Yes, under Executive Order 12866
Pages
2

The document on federalregister.gov PDF

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2026-20447 · significant
Final ruleOct 6
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Proposed ruleJul 23
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2026-06178
Proposed ruleMar 31
Retirement Security Rule: Definition of an Investment Advice Fiduciary: Notice of Court Vacatur
2026-05492 · significant
Final ruleMar 20
Private Health Insurance; Transparency in Coverage; Extension of Comment Period
2026-03798 · significant
Proposed ruleFeb 25

Everything from the Employee Benefits Security Administration · Published in March 2026

Read from the Federal Register API, last updated 2026-10-24. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.