What is the current status of S 529?

S 529 is currently: Introduced.

S 529 was sponsored by Raphael Warnock (D), Sen.

Cap on Prescription Drug Costs

IntroducedN/A

Introduced1 year ago

Intro

Senate

House

Pres

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Why This Matters

This bill aims to make prescription drugs more affordable by capping annual out-of-pocket costs for individuals and families. It helps ensure that people do not face excessive costs when accessing necessary medications.

If you take prescription medications, your annual costs could be limited to $2,000 or $4,000 starting in 2026.

Who this affects

Individuals enrolled in health plans · Families enrolled in health plans

What changes is this bill making?

1This bill limits how much people pay for prescription drugs each year.
2Individuals cannot pay more than $2,000 for prescription drugs starting in 2026.
3Families cannot pay more than $4,000 for prescription drugs starting in 2026.
4The cost limit will adjust each year based on inflation after 2026.
5It applies to both individual and group health plans.

Last changed 25 days ago · checked hourly

Cap on Prescription Drug Costs

IntroducedN/A

Introduced1 year ago

Intro

Senate

House

Pres

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Why This Matters

If you take prescription medications, your annual costs could be limited to $2,000 or $4,000 starting in 2026.

Who this affects

Individuals enrolled in health plans · Families enrolled in health plans

What changes is this bill making?

1This bill limits how much people pay for prescription drugs each year.
2Individuals cannot pay more than $2,000 for prescription drugs starting in 2026.
3Families cannot pay more than $4,000 for prescription drugs starting in 2026.
4The cost limit will adjust each year based on inflation after 2026.
5It applies to both individual and group health plans.

Last changed 25 days ago · checked hourly