1. Short title This Act may be cited as the Reducing Existing Costs Associated with Pharmaceuticals for Seniors Act of 2017 or the RxCAP Act of 2017 . 2. Elimination of cost-sharing above the Medicare part D annual out-of-pocket threshold (a) In general Section 1860D–2(b)(4)(A) of the Social Security Act ( 42 U.S.C. 1395w–102(b)(4)(A) ) is amended— (1) in clause (i)— (A) by redesignating subclauses (I) and (II) as items (aa) and (bb), respectively; (B) by striking subparagraph (B), with cost-sharing and inserting the following: “subparagraph (B)— (I) for plan years 2006 through 2018, with cost-sharing ; (C) in item (bb), as redesignated by subparagraph (A), by striking the period at the end and inserting ; and ; and (D) by adding at the end the following new subclause: (II) for plan year 2019 and subsequent plan years, without any cost-sharing. ; and (2) in clause (ii)— (A) by striking clause (i)(I) and inserting clause (i)(I)(aa) ; and (B) by adding at the end the following new sentence: The Secretary shall continue to calculate the dollar amounts specified in clause (i)(I)(aa), including with the adjustment under this clause, after plan year 2018 for purposes of 1860D–14(a)(1)(D)(iii). . (b) Conforming amendments to low-Income subsidy Section 1860D–14(a) of the Social Security Act ( 42 U.S.C. 1395w–114(a) ) is amended— (1) in paragraph (1)— (A) in subparagraph (D)(iii), by striking 1860D–2(b)(4)(A)(i)(I) and inserting 1860D–2(b)(4)(A)(i)(I)(aa) ; and (B) in subparagraph (E)— (i) in the heading, by inserting prior to the elimination of such cost-sharing for all individuals after threshold ; and (ii) by striking The elimination and inserting For plan years 2006 through 2018, the elimination ; and (2) in paragraph (2)(E)— (A) in the heading, by inserting prior to the elimination of such cost-sharing for all individuals after threshold ; (B) by striking Subject to and inserting For plan years 2006 through 2018, subject to ; and (C) by striking 1860D–2(b)(4)(A)(i)(I) and inserting 1860D–2(b)(4)(A)(i)(I)(aa) .