S.1347: RxCAP Act of 2017

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Bill Summary

Reducing Existing Costs Associated with Pharmaceuticals for Seniors Act of 2017 or the RxCAP Act of 2017 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
June 13, 2017
Read twice and referred to the Committee on Finance.
June 13, 2017

Introduced in the Senate by Ron Wyden (D-Ore.)

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