S. 2864 · 114th Congress
RxCAP Act of 2016
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
7 cosponsors · 7 D
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Reducing Existing Costs Associated with Pharmaceuticals for Seniors Act of 2016 or the RxCAP Act of 2016
What it does: CRS summary · Introduced in Senate · Apr 27, 2016
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 either copayment or coinsurance.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: RxCAP Act of 2016
Also known as: Reducing Existing Costs Associated with Pharmaceuticals for Seniors Act of 2016
Latest action (Apr 27, 2016): Read twice and referred to the Committee on Finance.
Policy area: Health · Origin: Senate · Introduced: Apr 27, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.