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- S.2864
S.2864: RxCAP Act of 2016
About This Bill
- This bill was introduced in the 114th Congress
- This bill is primarily about health
- Introduced April 27, 2016
- Latest Major Action April 27, 2016
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
7 (All Democrats)
Bill Summary
Reducing Existing Costs Associated with Pharmaceuticals for Seniors Act of 2016 or the RxCAP Act of 2016 This bill amends title XVIII (Medicare) of the Social Security Act to eliminate beneficiary cost-sharing above the Medicare prescription benefit's annual out-of-pocket threshold beginning in plan year 2018. Under current law, the Medicare prescription drug benefit provides coverage above that threshold only with cost-sharing in the form of...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
April 27, 2016 |
Read twice and referred to the Committee on Finance.
|
April 27, 2016 |
Introduced in the Senate by Ron Wyden (D-Ore.) |