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136 STAT. 1889 PUBLIC LAW 117–169—AUG. 16, 2022 (iii) in paragraph (7)— (I) in subparagraph (B)(ii), by inserting ‘‘or (8) (as applicable)’’ after ‘‘paragraph (2)’’; and (II) in subparagraph (E)(i), by inserting ‘‘or (8) (as applicable)’’ after ‘‘paragraph (2)’’; and (iv) by adding at the end the following new para- graph: ‘‘(8) PREMIUM STABILIZATION.— ‘‘(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. Time period. VerDate Sep 11 2014 13:57 Oct 25, 2022 Jkt 029139 PO 00169 Frm 00073 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL169.117 PUBL169 jmbennett on LAP3P8D0R2PROD with Publaw