Search Results: keywords:"out-of-pocket costs"

  • H. R. 8207 — To provide for the establishment of Medicare part E public health plans, and for other purposes.
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    Status:Introduced in House
    Words:5,775

    H.R. 8207, titled the "Choose Medicare Act," proposes the creation of Medicare part E public health plans, available in the individual, small group, and large group markets. These plans would offer comprehensive coverage, including reproductive services, and be accessible on...

    Simple Explanation

    H.R. 8207 is a proposal to create a new kind of Medicare health plan called "Part E," which people can buy like any other insurance, and it wants to make sure healthcare is more affordable and covers lots of services. The bill also includes rules about how much people pay out of their own pockets to help keep things fair and not too expensive.

  • S. 529 — To limit cost-sharing for prescription drugs, and for other purposes.
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    Status:Introduced in Senate
    Words:974

    S. 529 seeks to limit the cost-sharing for prescription drugs in health insurance plans in the United States. Starting in 2026, individuals' out-of-pocket costs for prescription drugs will be capped at $2,000 per year, and families will have a cap of $4,000 per year. These...

    Simple Explanation

    The bill wants to make sure that when people need to buy medicine, they don't have to pay too much money from their own pockets each year. Starting in 2026, it will limit how much someone or a family has to spend on medicine yearly, and this amount will go up a little each year because of inflation.

  • H. R. 6856 — To reform prescription drug pricing and reduce out-of-pocket costs by ensuring consumers benefit from negotiated rebates.
    Status:Introduced in House
    Words:786

    H.R. 6856, known as the "Prescription Drug Rebate Reform Act of 2023," aims to modify how prescription drug costs are handled by group health plans and health insurance. The bill requires that any coinsurance payments made by enrollees for covered prescription drugs be based...

    Simple Explanation

    H.R. 6856 wants to make it cheaper for people to buy their medicine by making sure the price they pay is based on special discounts that companies agree on, not the big scary price tag you see at first. This way, starting from 2025, people might spend less money when they need to buy medicine.

  • S. 4231 — To provide for the establishment of Medicare part E public health plans, and for other purposes.
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    Status:Introduced in Senate
    Words:5,762

    S. 4231 is a bill introduced in the Senate that aims to establish Medicare Part E public health plans, expanding access to health insurance in the U.S. These plans would be available in individual, small group, and large group insurance markets, covering essential health...

    Simple Explanation

    S. 4231 is a plan to make it easier for people in the U.S. to get health insurance, like a special doctor club called "Medicare Part E" that helps pay for doctor's visits and medicine. The plan wants to make sure it's not too expensive for people, but it also has to be careful about spending the money wisely.

  • H. R. 2553 — To limit cost-sharing for prescription drugs, and for other purposes.
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    Status:Introduced in House
    Words:1,011

    H.R. 2553, known as the "Capping Prescription Costs Act of 2025," aims to limit the amount people have to pay for prescription drugs under health plans. Starting in 2026, individual costs for prescription drugs will be capped at $2,000 a year, and family costs will be capped at $4,000. These...

    Simple Explanation

    H.R. 2553 wants to help people spend less money on medicines by making sure they don't have to pay more than $2,000 a year if they're by themselves or $4,000 if they're with their family, starting in 2026. These limits can change a little every year to keep up with price changes.