A new bill introduced by Democratic members of both houses of Congress will take “real action to protect families” from high prescription drug costs instead of providing a “photo op” for President Donald Trump, said co-sponsor Sen. Elizabeth Warren (D-Mass.).
The Capping Prescription Costs Act of 2018 bill was introduced Wednesday by Warren as well as Sens. Ron Wyden (D-Ore.), Bill Nelson (D-Fla.), Patty Murray (D-Wash.), and Rep. Jacky Rosen (D-Nev.), to combat one of the fastest-rising healthcare costs faced by American families.
More than a quarter of Americans face struggle to pay for the medications they need, while a Harvard Medical School study found in 2015 that millions of people skip taking their prescriptions to save money.
The Democratic bill would be applied to group health insurance plans and individual market plans, and would cap prescription costs at $250 per month for individuals and at $500 per month for families.
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