H.R. 6563 — Introduced in House

I 115th CONGRESS 2d Session H. R. 6563 IN THE HOUSE OF REPRESENTATIVES July 26, 2018Mr. 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. 1. Short title This Act may be cited as the Lower Out-of-Pocket Costs for Seniors Act. 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).