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Wyden Leads Bill Capping Medicare Out-of-Pocket at $5K

6/25/2026

Summary

Story summary

Senator Ron Wyden and 14 Democratic co-sponsors will introduce a bill capping traditional Medicare out-of-pocket costs at $5,000, counting Medigap or retiree-plan payments.
$5,000 cap is lower than the $9,250 limit for Medicare Advantage plans.
Brown University study projects $1,200 annual savings per beneficiary but forecasts over $50 billion extra federal spending each year.
Wyden said Democrats will pursue the measure in the next Congress, expecting a Senate majority.

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Story summary

Senator Ron Wyden and 14 Democratic co-sponsors will introduce a bill capping traditional Medicare out-of-pocket costs at $5,000, counting Medigap or retiree-plan payments.
$5,000 cap is lower than the $9,250 limit for Medicare Advantage plans.
Brown University study projects $1,200 annual savings per beneficiary but forecasts over $50 billion extra federal spending each year.
Wyden said Democrats will pursue the measure in the next Congress, expecting a Senate majority.