Caps on prescription drug costs would limit what many Americans pay each year.
This bill would set yearly limits on how much individuals and families pay out-of-pocket for prescription drugs. Starting in 2026, people with health insurance would pay no more than $2,000 for themselves or $4,000 for their family each year for covered medications. These limits would apply to most health plans.
Today, health plans are subject to general out-of-pocket maximums, but there are no specific federal caps solely on prescription drug cost-sharing. If this bill passes, starting January 1, 2026, individuals would pay no more than $2,000 per year for prescription drugs, and families would pay no more than $4,000 per year, with these limits adjusting annually.
S 529 · 119th Congress · AI Summary by gemini-2.5-flash · 10/10
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Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.