REDUCTIONS IN PAYMENTS FOR HOSPICE SERVICES.

SEC. 13504. REDUCTIONS IN PAYMENTS FOR HOSPICE SERVICES. Section 1814(i)(1)(C) (42 U.S.C. 1395f(i)(1)(C)) is amended by striking “increased by” and all that follows and inserting the following: “increased by— “(I) for a fiscal year ending on or before September 30, 1993, the market basket percentage increase (as defined in section 1886(b)(3)(B)(iii)) for the fiscal year; “(II) for fiscal year 1994, the market basket percentage increase for the fiscal year minus 2.0 percentage points; “(III) for fiscal year 1995, the market basket percentage increase for the fiscal year minus 1.5 percentage points; “(IV) for fiscal year 1996, the market basket percentage increase for the fiscal year minus 1.5 percentage points; “(V) for fiscal year 1997, the market basket percentage increase for the fiscal year minus 0.5 percentage point; and “(VI) for a subsequent fiscal year, the market basket percentage increase for the fiscal year.”.