Capping Costs for Consumers Act of 2026

Starting with plan years beginning on or after January 1, 2028, this bill would tie federal cost-sharing reductions for Affordable Care Act Exchange plans to gold-level plans instead of silver-level plans. It would require plans to cover 87 percent of costs for eligible enrollees with household incomes between 150 and 300 percent of the poverty line, and 85 percent for those between 300 and 400 percent. It would base the premium tax credit on the second lowest cost gold plan instead of the second lowest cost silver plan, starting with tax years after 2027. It would make similar changes to state Basic Health Programs and would provide permanent funding for cost-sharing reduction payments.

Full text and official record on Congress.gov

Sponsors

• Kim Schrier Democrat sponsor
• 1 cosponsors