arrow_back Trending Legislation
Share share

Prescription Drug Cost Cap: Limiting Patient Out-of-Pocket Expenses

This new law introduces monthly caps on out-of-pocket prescription drug costs for insured individuals. Starting in 2023, the maximum monthly cost for prescription drugs will be $250 for individuals and $500 for families, aiming to protect citizens from high medication bills. These limits will be adjusted annually for inflation, providing long-term financial stability.
Key points
Monthly cap on prescription drug costs: Starting in 2023, insured individuals will pay a maximum of $250 per month for drugs, and families $500.
Protection against high costs: The law aims to reduce financial burdens from expensive medications, improving access to treatment.
Annual adjustment of limits: The cap amounts will be adjusted annually based on medical care cost increases to maintain their real value.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Capping Prescription Costs Act of 2021
Print number: S 3339
Sponsor: Sen. Warnock, Raphael G. [D-GA]
Process start date: 2021-12-08