S 2864 · 114th Congress 2015–2017, ended

RxCAP Act of 2016

Fact sheet

Latest action · Apr 27, 2016 Read twice and referred to the Committee on Finance.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedApr 27, 2016
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

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 either copayment or coinsurance.

Cosponsors 7

Members who signed on, in the order they did. Signatures ran from Apr 27, 2016 to Jun 28, 2016, with 3 there on the day it was introduced.

SeatCosponsorSigned on
D-MDBenjamin L. CardinOriginalApr 27, 2016
D-WAMaria CantwellOriginalApr 27, 2016
D-COMichael F. BennetOriginalApr 27, 2016
D-NYCharles E. SchumerMay 11, 2016
D-RISheldon WhitehouseMay 11, 2016
D-HIBrian SchatzMay 23, 2016
D-ORJeff MerkleyJun 28, 2016

Actions 2

Everything that happened, newest first.

  1. Apr 27, 2016Introduced in Senate
  2. Apr 27, 2016Read twice and referred to the Committee on Finance.

Subjects

Assigned by the Library of Congress. Policy area: Health.

Text 1

Each version as it was printed, newest first.

  1. Apr 27, 2016Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.