# 119-hr-2041: Hidden Fee Disclosure Act of 2025 119-hr-2041, Hidden Fee Disclosure Act of 2025, is a 119th Congress bill sponsored by Rep. Courtney, Joe [D-CT-2] (D-CT); status introduced; PRIA reads it as touching household money (as of 2026-04-21). - Canonical: https://policyrisk.com/legislation/119-hr-2041 - As of: 2026-04-21 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: 119-hr-2041 - Congress: 119 - Title: Hidden Fee Disclosure Act of 2025 - Status: introduced - Introduced: 2025-03-11 - Sponsor: Rep. Courtney, Joe [D-CT-2] (D-CT) - Cosponsors: 1 - Policy area: Labor and Employment - Touches household money: yes - Last recorded action: 2026-04-21 ## Summary **Per-service transparency of fees and payments by health-plan vendors would be required.** The bill would amend the Employee Retirement Income Security Act of 1974 to force covered service providers to disclose compensation, rebates, and other remuneration by service rather than in aggregate. - Families and plan participants would get clearer annual reports from pharmacy benefit managers showing total gross and net drug spending, spending at PBM-owned pharmacies, cost-sharing retained, and fees by source. Disclosures must be provided within 60 days after the start of each plan year. - Employers and plan sponsors would receive per-service breakdowns for services like claims processing, network design, formulary maintenance, wellness programs, and stop-loss and would see what vendors pass through versus retain. Contracts entered into before Jan. 1, 2026 would not be covered by the new rules. - Pharmacy benefit managers (PBMs) and third-party administrators (TPAs) would face expanded reporting requirements for fees, rebates, spread pricing, discounts, recoveries, and other remuneration, and new privacy requirements tied to HIPAA. The bill also broadens the list of services that must be disclosed and clarifies PBM arrangements as indirect contract relationships under ERISA. - The Secretary of Labor must issue implementing regulations within 1 year to set standards for how expected compensation is disclosed and to account for varied compensation practices. ## Cosponsors (1) - Rep. Houchin, Erin [R-IN-9] (R-IN), 2025-03-11T00:00:00.000Z ## Provisions PRIA read - Pharmacy benefit manager contracts face conflict rules: benefit, medium. The bill would treat some pharmacy benefit manager contracts as deals with a party-in-interest to the plan. That would bring these arrangements under ERISA conflict-of-interest and prohibited-transaction rules. If you are in a group plan, this could help fiduciaries challenge self-dealing and push… - More health plan vendor fees disclosed: mixed, low. The bill would widen which health plan services must disclose their fees to plan fiduciaries. The list would include plan design, claim repricing, vision and dental selection, stop-loss, pharmacy benefit services, wellness tools, transparency tools, group purchasing deals, preferred vendor panels,… - New reporting for pharmacy benefit managers: mixed, low. Pharmacy benefit managers would have to give a detailed, written report each year to your plan’s fiduciary. It would be due within 60 days after the plan year starts and cover the prior year. It would list, by service, all direct and indirect pay and rebates from drug makers and other third parties… - New reporting for third party administrators: mixed, low. Third party administrators would need to give an annual, written report to the plan fiduciary within 60 days after the plan year starts. It would show all direct and indirect pay they, affiliates, or subcontractors received, and estimate any participant cost-sharing caused by indirect pay. It would… - Labor would set disclosure rules in a year: mixed, low. The Labor Department would have to write rules within one year of enactment. The rules would set how vendors report expected pay, rebates, and other compensation. They would cover pharmacy benefit managers, third party administrators, and other covered providers. Actual details would depend on the… ## Related bills - 119-hr-3151: SHIPS for America Act of 2025 - 119-hr-6900: American Affordability Act of 2025 - 119-hr-7977: Energy Bills Relief Act - 119-hr-7481: Department of Homeland Security Appropriations Act, 2026 - 119-hr-7973: Momnibus Act - 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act ## Sources - [119-hr-2041 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/2041) ## Related - [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151) - [119-hr-6900: American Affordability Act of 2025](https://policyrisk.com/legislation/119-hr-6900) - [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977) - [119-hr-7481: Department of Homeland Security Appropriations Act, 2026](https://policyrisk.com/legislation/119-hr-7481) - [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973) - [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842) - [All bills in Congress](https://policyrisk.com/legislation) Source: PRIA, https://policyrisk.com/legislation/119-hr-2041 (as of 2026-04-21).