summary
Introduced
07/11/2018
07/11/2018
In Committee
07/11/2018
07/11/2018
Crossed Over
Passed
Dead
12/31/2018
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 prescription drug cost-sharing for qualified health plans and group health plans. Specifically, it would limit the monthly cost-sharing for prescription drugs to $250 per individual or $500 per family for plan years beginning in 2020, with annual adjustments based on the medical care component of the consumer price index for subsequent years. The amendments made by this bill would take effect for plans beginning after December 31, 2019.
Committee Categories
Health and Social Services
Sponsors (21)
Elizabeth Warren (D)*,
Tammy Baldwin (D),
Richard Blumenthal (D),
Sherrod Brown (D),
Dick Durbin (D),
Kirsten Gillibrand (D),
Maggie Hassan (D),
Martin Heinrich (D),
Mazie Hirono (D),
Amy Klobuchar (D),
Patrick Leahy (D),
Bob Menendez (D),
Jeff Merkley (D),
Patty Murray (D),
Bill Nelson (D),
Jack Reed (D),
Jeanne Shaheen (D),
Tina Smith (D),
Tom Udall (D),
Sheldon Whitehouse (D),
Ron Wyden (D),
Last Action
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (on 07/11/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/115th-congress/senate-bill/3194/all-info |
| BillText | https://www.congress.gov/115/bills/s3194/BILLS-115s3194is.pdf |
| Bill | https://www.congress.gov/115/bills/s3194/BILLS-115s3194is.pdf.pdf |
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