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Capping Prescription Costs Act of 2025

In committee: it can still change before the session ends.

US S 529 · Senate Bill · 119th Congress

Stage
In committee
Started in
Senate
Sponsors
14
Latest action
Feb 11, 2025

What it does

The Capping Prescription Costs Act of 2025 would limit out-of-pocket costs for prescription drugs by capping annual cost-sharing at $2,000 per individual and $4,000 per family for qualified health plans starting in 2026, with adjustments for inflation thereafter. The bill extends these caps to group health plans through amendments to the Public Health Service Act, ERISA, and the Internal Revenue Code, requiring insurers and plan administrators to comply. The provisions would take effect for plan years beginning on or after January 1, 2026.

No official summary is available here. This one was written by AI from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Feb 11, 2025

  2. Committee (Current step)

    In committee · Feb 11, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Capping Prescription Costs Act of 2025 | 52