What does Preamble of HR 2553 do?

This bill is formally titled 'To limit cost-sharing for prescription drugs, and for other purposes.' The bill's stated purpose is to limit cost-sharing for prescription drugs.

What does SHORT TITLE. of HR 2553 do?

This bill is formally titled the Capping Prescription Costs Act of 2025.

What does CAP ON PRESCRIPTION DRUG COST-SHARING. of HR 2553 do?

This section amends the Patient Protection and Affordable Care Act (ACA) to cap prescription drug cost-sharing for enrolled individuals. For plan years beginning in 2026, the annual cost-sharing limit is $2,000 per individual and $4,000 per family. Subsequent years (2027 and later) will adjust these limits annually based on the medical care component of the Consumer Price Index. The section also applies these cost-sharing limits to group health plans under the Public Health Service Act, the Employee Retirement Income Security Act (ERISA), and the Internal Revenue Code. These amendments take effect for plan years beginning on or after January 1, 2026.

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Capping Prescription Costs Act of 2025 — HR. 2553

Last updated: 4/1/2025 · Introduced: 4/1/2025

Author: Steven Horsford (D-NV)

TL;DR (AI)

This bill limits prescription drug cost-sharing for individuals enrolled in health plans to $2,000 annually, and $4,000 annually for families, starting in 2026.
These cost-sharing limits will increase annually based on inflation, as measured by the Consumer Price Index.
The bill applies these cost-sharing limits to health plans governed by the Affordable Care Act, the Public Health Service Act, ERISA, and the Internal Revenue Code.

119th Congressin committeeS. 529(In Committee)Official page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

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