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Bill > HR6228


US HR6228

US HR6228
Capping Prescription Costs Act of 2021


summary

Introduced
12/09/2021
In Committee
12/10/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To limit cost-sharing for prescription drugs, and for other purposes.

AI Summary

This bill, the Capping Prescription Costs Act of 2021, aims to limit cost-sharing (out-of-pocket expenses) for prescription drugs covered by qualified health plans under the Affordable Care Act. Specifically, it caps the monthly cost-sharing for an individual at $250 and for a family at $500 starting in 2023, with annual increases tied to the medical care component of the consumer price index. The bill also applies these cost-sharing limits to group health plans. The amendments made by this bill will take effect for plans beginning after December 31, 2022.

Committee Categories

Business and Industry, Health and Social Services

Sponsors (10)

Last Action

Referred to the Subcommittee on Health. (on 12/10/2021)

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