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136 STAT. 1888 PUBLIC LAW 117–169—AUG. 16, 2022 2(d)(1)(B), and, with respect to an applicable drug, such nego- tiated price shall include any dispensing fee and, if applicable, any vaccine administration fee for the applicable drug. ‘‘(7) QUALIFIED RETIREE PRESCRIPTION DRUG PLAN.—The term ‘qualified retiree prescription drug plan’ has the meaning given such term in section 1860D–22(a)(2). ‘‘SEC. 1860D–14D. SELECTED DRUG SUBSIDY PROGRAM. ‘‘With respect to covered part D drugs that would be applicable drugs (as defined in section 1860D–14C(g)(2)) but for the application of subparagraph (B) of such section, the Secretary shall provide a process whereby, in the case of an applicable beneficiary (as defined in section 1860D–14C(g)(1)) who, with respect to a year, is enrolled in a prescription drug plan or is enrolled in an MA– PD plan, has not incurred costs that are equal to or exceed the annual out-of-pocket threshold specified in section 1860D– 2(b)(4)(B)(i), and is dispensed such a drug, the Secretary (periodi- cally and on a timely basis) provides the PDP sponsor or the MA organization offering the plan, a subsidy with respect to such drug that is equal to 10 percent of the negotiated price (as defined in section 1860D–14C(g)(6)) of such drug.’’. (2) SUNSET OF MEDICARE COVERAGE GAP DISCOUNT PRO- GRAM.—Section 1860D–14A of the Social Security Act (42 U.S.C. 1395w–114a) is amended— (A) in subsection (a), in the first sentence, by striking ‘‘The Secretary’’ and inserting ‘‘Subject to subsection (h), the Secretary’’; and (B) by adding at the end the following new subsection: ‘‘(h) SUNSET OF PROGRAM.— ‘‘(1) IN GENERAL.—The program shall not apply with respect to applicable drugs dispensed on or after January 1, 2025, and, subject to paragraph (2), agreements under this section shall be terminated as of such date. ‘‘(2) CONTINUED APPLICATION FOR APPLICABLE DRUGS DIS- PENSED PRIOR TO SUNSET.—The provisions of this section (including all responsibilities and duties) shall continue to apply on and after January 1, 2025, with respect to applicable drugs dispensed prior to such date.’’. (3) SELECTED DRUG SUBSIDY PAYMENTS FROM MEDICARE PRESCRIPTION DRUG ACCOUNT.—Section 1860D–16(b)(1) of the Social Security Act (42 U.S.C. 1395w–116(b)(1)) is amended— (A) in subparagraph (C), by striking ‘‘and’’ at the end; (B) in subparagraph (D), by striking the period at the end and inserting ‘‘; and’’; and (C) by adding at the end the following new subpara- graph: ‘‘(E) payments under section 1860D–14D (relating to selected drug subsidy payments).’’. (d) MEDICARE PART D PREMIUM STABILIZATION.— (1) 2024 THROUGH 2029.—Section 1860D–13 of the Social Security Act (42 U.S.C. 1395w–113) is amended— (A) in subsection (a)— (i) in paragraph (1)(A), by inserting ‘‘or (8) (as applicable)’’ after ‘‘paragraph (2)’’; (ii) in paragraph (2), in the matter preceding subparagraph (A), by striking ‘‘The base’’ and inserting ‘‘Subject to paragraph (8), the base’’; 42 USC 1395w–114d. VerDate Sep 11 2014 13:57 Oct 25, 2022 Jkt 029139 PO 00169 Frm 00072 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL169.117 PUBL169 jmbennett on LAP3P8D0R2PROD with Publaw