,,ii #aafth ,,congress #ast ,session ,s4 #dge ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,february #ac1 #bjai,mr4 ,wyden 7for himself1 ,mr4 ,bennet1 ,mr4 ,cardin1 ,ms4 ,klobuchar1 ,mr4 ,merkley1 and ,mr4 ,whitehouse7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend title ,,xviii of the ,social ,security ,act to prevent catastrophic out-of-pocket spending on prescription drugs for seniors and individuals with disabilities4 #a4 ,short title ,this ,act may be cited as the ,reducing ,existing ,costs ,associated with ,pharmaceuticals for ,seniors ,act of #bjai or the ,rx,c,a,p ,act of #bjai4 #b4 ,elimination of cost-sharing above the ,medicare part ,d annual out-of-pocket threshold 7a7 ,in general ,section #ahfj;,d-#b7;b77#d77;,a7 of the ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#ajb7;b77#d77;,a77 is amended-- 7#a7 in clause 7i7-- 7,a7 by redesignating subclauses 7,i7 and 7,,ii7 as items 7aa7 and 7bb71 respectively1 and indenting appropriately2 7,b7 by striking subparagraph 7,b71 with cost-sharing and inserting the following3 8subparagraph 7,b7-- 7,i7 for plan years #bjjf through #bjai1 with cost-sharing 2 7,c7 in item 7bb71 as redesignated by subparagraph 7,a71 by striking the period at the end and inserting 2 and2 and 7,d7 by adding at the end the following new subclause3 7,,ii7 for plan year #bjbj and subsequent plan years1 without any cost-sharing4 2 and 7#b7 in clause 7ii7-- 7,a7 by striking clause 7i77,i7 and inserting clause 7i77,i77aa72 and 7,b7 by adding at the end the following new sentence3 ,the ,secretary shall continue to calculate the dollar amounts specified in clause 7i77,i77aa71 including with the adjustment under this clause1 after plan year #bjai for purposes of #ahfj;,d-#ad7;a77#a77;,d77iii744 7b7 ,conforming amendments to low-,income subsidy ,section #ahfj;,d-#ad7;a7 of the ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aad7;a77 is amended-- 7#a7 in paragraph 7#a7-- 7,a7 in subparagraph 7,d77iii71 by striking #ahfj;,d-#b7;b77#d77;,a77i77,i7 and inserting #ahfj;,d-#b7;b77#d77;,a77i77,i77aa72 and 7,b7 in subparagraph 7,e7-- 7i7 in the heading1 by inserting prior to the elimination of such cost-sharing for all individuals after threshold2 and 7ii7 by striking ,the elimination and inserting ,for plan years #bjjf through #bjai1 the elimination2 and 7#b7 in paragraph 7#b77;,e7-- 7,a7 in the heading1 by inserting prior to the elimination of such cost-sharing for all individuals after threshold2 7,b7 by striking ,subject to and inserting ,for plan years #bjjf through #bjai1 subject to2 and 7,c7 by striking #ahfj;,d-#b7;b77#d77;,a77i77,i7 and inserting #ahfj;,d-#b7;b77#d77;,a77i77,i77aa74