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Prescription Drug Cost Cap: Lower Healthcare Expenses

This act introduces annual limits on out-of-pocket prescription drug costs for individuals covered by health plans. Starting in 2026, the maximum annual cost for prescription drugs will be $2,000 per individual and $4,000 per family, aiming to protect citizens from high medication bills.
Key points
Annual cap on prescription drug costs: $2,000 per individual, $4,000 per family starting 2026.
The cap applies to both individual and group health plans.
Limits will be adjusted annually for inflation to maintain their real value.
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Introduced
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Additional Information
Print number: 119_HR_2553
Sponsor: Rep. Horsford, Steven [D-NV-4]
Process start date: 2025-04-01