Congressman Rick Allen introduced the PBM Kickback Prohibition Act to ban kickbacks in pharmacy benefit management.
Quiver AI Summary
Congressman Allen introduces new legislation: This week, Congressman Rick W. Allen (GA-12) announced the introduction of the PBM Kickback Prohibition Act. The proposed law aims to amend the Employee Retirement Income Security Act (ERISA) to prohibit pharmacy benefit managers from paying kickbacks for steering health plan business to them.
Support and rationale for the bill: Allen stated, "This legislation is focused on lowering prescription drug prices and health insurance costs." He emphasized the need to prevent conflicts of interest and increase transparency in health care decisions, which he views as essential in protecting patients and employers.
Details of the legislation: The bill aims to stop pharmacy benefit managers from providing compensation to third parties for referrals, taking effect for plan years post-enactment. Chairman of the Education and Workforce Committee, Tim Walberg, also supported the bill, highlighting its common-sense reforms to ensure health care decisions prioritize patients over financial incentives.
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Rick W. Allen Fundraising
Rick W. Allen recently disclosed $90.7K of fundraising in a Q4 FEC disclosure filed on January 21st, 2026. This was the 805th most from all Q4 reports we have seen this year. 30.0% came from individual donors.
Allen disclosed $54.5K of spending. This was the 994th most from all Q4 reports we have seen from politicians so far this year.
Allen disclosed $1.4M of cash on hand at the end of the filing period. This was the 289th most from all Q4 reports we have seen this year.
You can see the disclosure here, or track Rick W. Allen's fundraising on Quiver Quantitative.
Rick W. Allen Net Worth
Quiver Quantitative estimates that Rick W. Allen is worth $23.0M, as of March 13th, 2026. This is the 54th highest net worth in Congress, per our live estimates.
Allen has approximately $5.6M invested in publicly traded assets which Quiver is able to track live.
You can track Rick W. Allen's net worth on Quiver Quantitative's politician page for Allen.
Rick W. Allen Bill Proposals
Here are some bills which have recently been proposed by Rick W. Allen:
- H.R.7895: To amend section 408 of the Employee Retirement Income Security Act of 1974 to prohibit kickbacks to pharmacy benefit managers.
- H.R.7195: Timber Harvesters, Haulers, and Landowners Market Disruptions Relief Act
- H.R.6122: BARN Act
- H.R.5509: Safe Step Act
- H.R.5169: Retire through Ownership Act
- H.R.4626: Home Appliance Protection and Affordability Act
You can track bills proposed by Rick W. Allen on Quiver Quantitative's politician page for Allen.
2026 Georgia's 12th Congressional District Election
There has been approximately $1,382,343 of spending in Georgia's 12th congressional district elections over the last two years, per our estimates.
The rating for this race is currently "Solid R".
You can track this election on our matchup page for the 2026 Georgia's 12th congressional district election.
