Cancer Drug Parity Act of 2026
Sponsored By: Senator Smith, Tina [D-MN]
Introduced
Summary
Ensures parity in cost-sharing between patient‑administered oral anticancer drugs and anticancer drugs given by IV or injection. This bill would require group health plans to make cost-sharing for FDA‑approved, patient‑administered oral anticancer medications no less favorable than for anticancer drugs given by a health care provider.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Lower out-of-pocket for oral cancer drugs
This bill would require group health plans and insurance sold with those plans to make cost-sharing for FDA‑approved, patient‑administered anticancer drugs no less favorable than cost-sharing for the same drugs given by IV or injection. The rule would apply only when a treating physician finds the oral drug medically necessary to kill, slow, or prevent cancer cells, or clinically appropriate in type, frequency, extent, site, and duration. Cost-sharing means deductibles, coinsurance, copayments, and any limits on applying those charges. Plans could not redesign or reclassify benefits to raise out-of-pocket costs, but they could still use prior authorization and other utilization controls. The requirement would apply to plan years beginning on or after January 1, 2027, and state laws that give stronger protections would still apply.
Sponsors & CoSponsors
Sponsor
Smith, Tina [D-MN]
MN • D
Cosponsors
Sen. Moran, Jerry [R-KS]
KS • R
Sponsored 7/15/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov