Frank Pallone

“ DETERMINATION OF INFLATION-ADJUSTED PAYMENT AMOUNT.—The inflation-adjusted payment amount determined under this subparagraph for a part B rebatable drug for a calendar quarter is— “ (i) the payment amount for the billing and payment code for such drug in the payment amount benchmark quarter (as defined in subparagraph (D) ) ; increased by “ (ii) the percentage by which the rebate period CPI–U (as defined in subparagraph (F) ) for the calendar quarter exceeds the benchmark period CPI–U (as defined in subparagraph (E) ) . ”

“ Group Health Plans And Health Insurance Issuers Offering Health Insurance Coverage In The Group Market.—Group health plans and health insurance issuers offering health insurance coverage in the group market shall submit to the Secretary of Health and Human Services, the Secretary of Labor, and the Secretary of the Treasury appropriate data as necessary for the Secretaries to obtain information needed to provide the reports under sections 203 and 204. ”

“ Conforming Amendments.— (1) TO PART B ASP CALCULATION.—Section 1847A (c) (3) of the Social Security Act (42 U.S.C. 1395w–3a (c) (3) ) is amended by inserting “or section 1834 (z) ” after “section 1927”. ”