S. 4671, the “Capping Prescription Costs Act of 2024,” aims to limit the amount individuals and families pay for prescription drugs under health plans in the United States. Starting in 2026, individual costs for prescription drugs will be capped at $2,000 per year, while...
Simple Explanation
In 2026, a new rule wants to make sure people don't spend too much money on medicines: one person won't pay more than $2,000 a year, and families won't pay more than $4,000. These limits could change a little bit every year depending on how much medical stuff usually costs.