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1 week ago

Democrats To Propose Bill Capping Out-of-Pocket Medicare Costs for Enrollees

Sen. Ron Wyden and 14 Democratic co-sponsors plan to introduce legislation Thursday to cap consumers’ potential out-of-pocket costs in traditional Medicare, resurfacing a long-running debate over why the program doesn’t limit beneficiary spending. Even the bill’s backers say securing passage this year is a long shot. But the effort is one more opportunity for Democrats to highlight voters’ frustration about healthcare costs leading into the November election. Polls show Americans are very concerned about affordability, with a recent Gallup survey finding fewer than half of Americans say...