Sen. Elizabeth Warren offers bill to cap prescription drug copays

Sen. Elizabeth Warren (D-MA) and four other Democratic senators have proposed legislation to place a monthly cap on out-of-pocket payments for prescription drugs. The "Capping Prescription Costs Act of 2018" calls for limiting copayments for prescription drugs to $250 per month for individuals and $500 per month for families.

Sen. Elizabeth Warren (D-MA) and four other Democratic senators have proposed legislation to place a monthly cap on out-of-pocket payments for prescription drugs. The "Capping Prescription Costs Act of 2018" calls for limiting copayments for prescription drugs to $250 per month for individuals and $500 per month for families. The limit would apply to both group health plans and individual market plans. The senators note that recent government estimates suggest that prescription drug spending will increase faster than many other categories of major health expenditures amid rising drug prices. Sen. Patty Murray (D-WA)—one of the bill's cosponsors and the ranking member the Senate Health, Education, Labor & Pensions Committee—says the legislation is "a straightforward step that would make an immediate difference for our nation's families by helping them afford the medicine they need to stay healthy." She urged lawmakers in both parties to join sponsors in supporting the bill.