Premium stabilization
(A) In general
(A)In general#
The base beneficiary premium under this paragraph for a prescription drug plan for a month in 2024 through 2029 shall be computed as follows:
(i) 2024 The base beneficiary premium for a month in 2024 shall be equal to the lesser of— (I) the base beneficiary premium computed under paragraph (2) for a month in 2023 increased by 6 percent; or (II) the base beneficiary premium computed under paragraph (2) for a month in 2024 that would have applied if this paragraph had not been enacted.
(ii) 2025 The base beneficiary premium for a month in 2025 shall be equal to the lesser of— (I) the base beneficiary premium computed under clause (i) for a month in 2024 increased by 6 percent; or (II) the base beneficiary premium computed under paragraph (2) for a month in 2025 that would have applied if this paragraph had not been enacted.
(iii) 2026 The base beneficiary premium for a month in 2026 shall be equal to the lesser of— (I) the base beneficiary premium computed under clause (ii) for a month in 2025 increased by 6 percent; or (II) the base beneficiary premium computed under paragraph (2) for a month in 2026 that would have applied if this paragraph had not been enacted.
(iv) 2027 The base beneficiary premium for a month in 2027 shall be equal to the lesser of— (I) the base beneficiary premium computed under clause (iii) for a month in 2026 increased by 6 percent; or (II) the base beneficiary premium computed under paragraph (2) for a month in 2027 that would have applied if this paragraph had not been enacted.
(v) 2028 The base beneficiary premium for a month in 2028 shall be equal to the lesser of— (I) the base beneficiary premium computed under clause (iv) for a month in 2027 increased by 6 percent; or (II) the base beneficiary premium computed under paragraph (2) for a month in 2028 that would have applied if this paragraph had not been enacted.
(vi) 2029 The base beneficiary premium for a month in 2029 shall be equal to the lesser of— (I) the base beneficiary premium computed under clause (v) for a month in 2028 increased by 6 percent; or (II) the base beneficiary premium computed under paragraph (2) for a month in 2029 that would have applied if this paragraph had not been enacted.
(A)(i)
(B)Clarification regarding 2030 and subsequent years#
The base beneficiary premium for a month in 2030 or a subsequent year shall be computed under paragraph (2) without regard to this paragraph.