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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5386 Introduced in House (IH)]

<DOC>

118th CONGRESS
  1st Session
                                H. R. 5386

    To amend title XVIII of the Social Security Act to provide for 
  adjustments to the Medicare part D cost-sharing reductions for low-
                          income individuals.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                           September 12, 2023

 Mr. McGarvey (for himself and Mr. Bilirakis) 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 provide for 
  adjustments to the Medicare part D cost-sharing reductions for low-
                          income individuals.

    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 ``Cutting Copays Act''.

SEC. 2. ADJUSTMENTS TO MEDICARE PART D COST-SHARING REDUCTIONS FOR LOW-
              INCOME INDIVIDUALS.

    Section 1860D-14(a) of the Social Security Act (42 U.S.C. 1395w-
114(a)) is amended in paragraph (1)(D)(ii)--
            (1) by striking ``that does not exceed $1 for'' and all 
        that follows through the period at the end and inserting ``that 
        does not exceed--
                                    ``(I) for plan years before plan 
                                year 2024--
                                            ``(aa) for a generic drug 
                                        or a preferred drug that is a 
                                        multiple source drug (as 
                                        defined in section 
                                        1927(k)(7)(A)(i)), $1 or, if 
                                        less, the copayment amount 
                                        applicable to an individual 
                                        under clause (iii); and
                                            ``(bb) for any other drug, 
                                        $3 or, if less, the copayment 
                                        amount applicable to an 
                                        individual under clause (iii); 
                                        and''; and
            (2) by adding at the end the following new subclauses:
                                    ``(II) for plan year 2024--
                                            ``(aa) for a generic drug, 
                                        $0; and
                                            ``(bb) for any other drug, 
                                        the dollar amount applied under 
                                        this clause (after application 
                                        of paragraph (4)(A)) for plan 
                                        year 2023 for a drug described 
                                        in subclause (I)(bb); and
                                    ``(III) for a subsequent year, the 
                                dollar amount applied under this clause 
                                for the previous year for the drug, 
                                increased by the annual percentage 
                                increase in the consumer price index 
                                (all items; U.S. city average) as of 
                                September of such previous year.''.
                                 <all>
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