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Bill > HR6340


US HR6340

Capping Prescription Costs Act of 2018


summary

Introduced
07/11/2018
In Committee
07/11/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Capping Prescription Costs Act of 2018

AI Summary

This bill, the Capping Prescription Costs Act of 2018, aims to amend the Patient Protection and Affordable Care Act (ACA) to cap the cost-sharing (such as deductibles, copayments, and coinsurance) that individuals and families must pay for prescription drugs covered by their qualified health plans. Specifically, the bill caps the monthly cost-sharing at $250 per individual or $500 per family starting in 2020, and ties future increases to the medical care component of the consumer price index. The bill also applies the cost-sharing cap to group health plans subject to the ACA's provisions.

Committee Categories

Business and Industry

Sponsors (10)

Last Action

Referred to the House Committee on Energy and Commerce. (on 07/11/2018)

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