S.4886

Medicare Cost Cap Act of 2026

Introduced·6/24/26

Medicare Cost Cap Act of 2026 aims to protect Medicare beneficiaries from high out-of-pocket costs and enhance programs for low-income beneficiaries.

The Medicare Cost Cap Act of 2026 amends the Social Security Act to introduce a cap on out-of-pocket expenditures for Medicare beneficiaries starting in 2028. It defines "out-of-pocket cost-sharing" to include coinsurance, deductibles, copayments, and other cost-sharing under Medicare Part A and B. If a beneficiary's out-of-pocket costs reach the annual limit, they will not be responsible for additional costs for that year.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Finance Committee
Next
Committee decision

Sponsors

Democratic CaucusRepublican Caucus

History

Jun 24

Senate

Read twice and referred to the Committee on Finance.