Congress and Trump's DOL dropped thermonuclear bombs on the PBM industry last week.

15 new disclosure requirements that expose every money game, kickback scheme, and hidden fee.

Criminal penalties for PBMs who lie.  Criminal penalties for employers who look the other way.

I worked on the Trump price transparency rule. I've been waiting for this moment. Your move, plan sponsors!

Deep dive on the 15 disclosures now required to plan sponsors and what they have to do with them in order to stay on the right side of their fiduciary obligations in story below. (h/t Drug Channels for graphic!)