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draft bill - House of Representatives

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F:\P\H13\CMS\MEDCR\SGR-EC_16.XML<br />

[Discussion Draft]<br />

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(i) in paragraph (1)(B), by inserting<br />

‘‘through 2013’’ after ‘‘<strong>of</strong> such succeeding<br />

year’’; and<br />

(ii) in paragraph (2), by inserting<br />

‘‘and ending with 2013’’ after ‘‘beginning<br />

with 2000’’.<br />

(2) UPDATE OF RATES FOR 2014 THROUGH<br />

2018.—Subsection (d) <strong>of</strong> section 1848 <strong>of</strong> the Social<br />

Security Act (42 U.S.C. 1395w–4) is amended by<br />

adding at the end the following new paragraph:<br />

‘‘(15) UPDATE FOR 2014 THROUGH 2018.—The<br />

update to the single conversion factor established in<br />

paragraph (1)(C) for each <strong>of</strong> 2014 through 2018<br />

shall be 0.5 percent.’’.<br />

(b) UPDATE INCENTIVE PROGRAM (PHASE II).—<br />

(1) IN GENERAL.—Section 1848 <strong>of</strong> the Social<br />

Security Act (42 U.S.C. 1395w–4), as amended by<br />

subsection (a), is further amended—<br />

(A) in subsection (d), by adding at the end<br />

the following new paragraph:<br />

‘‘(16) UPDATE BEGINNING WITH 2019.—<br />

‘‘(A) IN GENERAL.—Subject to subparagraph<br />

(B), the update to the single conversion<br />

factor established in paragraph (1)(C) for each<br />

year beginning with 2019 shall be 0.5 percent.<br />

f:\VHLC\071813\071813.221.xml (557498|2)<br />

July 18, 2013 (4:58 p.m.)<br />

VerDate 0ct 09 2002 16:58 Jul 18, 2013 Jkt 000000 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 C:\DOCUME~1\JRSHAP~1\APPLIC~1\SOFTQUAD\XMETAL\5.5\GEN\C\SGR-EC~1.XML HO

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