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H.R. 6563 - Lower Out-of-Pocket Costs for Seniors Act

Introduced: 2018-07-26
Bill Status: Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
 
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115th CONGRESS
2d Session
H. R. 6563


    To amend title XVIII of the Social Security Act to prevent growth rate cliff for out-of-pocket threshold under Medicare part D.


IN THE HOUSE OF REPRESENTATIVES

July 26, 2018

    Mr. Pallone (for himself and Mr. Neal) introduced the following bill; which was referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned


A BILL

    To amend title XVIII of the Social Security Act to prevent growth rate cliff for out-of-pocket threshold under Medicare part D.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Lower Out-of-Pocket Costs for Seniors Act”.

SEC. 2. Preventing growth rate cliff for out-of-pocket cost threshold under Medicare part D.

Section 1860D–2(b)(4)(B)(i) of the Social Security Act (42 U.S.C. 1395w–102(b)(4)(B)(i)) is amended—

(1) in subclause (III), by adding at the end “or”;

(2) in subclause (IV)—

(A) by striking “each of years 2016 through 2019” and inserting “2016 and each subsequent year”; and

(B) by striking the semicolon at the end and inserting a period; and

(3) by striking subclauses (V) and (VI).


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