CLOSING THE DONUT HOLE FOR SENIORS.

SEC. 53116. CLOSING THE DONUT HOLE FOR SENIORS. (a) Closing Donut Hole Sooner Section 1860D–2(b)(2)(D) of the Social Security Act (42 U.S.C. 1395w–102(b)(2)(D))— (1) in clause (i), by amending subclause (I) to read as follows: “(I) equal to the difference between— “(aa) the applicable gap percentage (specified in clause (ii) for the year); and “(bb) the discount percentage specified in section 1860D–14A(g)(4)(A) for such applicable drugs (or, in the case of a year after 2018, 50 percent); or” ; and (2) in clause (ii)— (A) in subclause (IV), by adding “and” at the end; (B) by striking subclause (V); and (C) in subclause (VI)— (i) by striking “2020” and inserting “2019”; and (ii) by redesignating such subclause as subclause (V). (b) Lowering Discounted Price Section 1860D–14A(g)(4)(A) of the Social Security Act (42 U.S.C. 1395w–114a(g)(4)(A)) is amended by inserting “(or, with respect to a plan year after plan year 2018, 30 percent)” after “50 percent”.