PART B PREMIUM.

SEC. 4571. PART B PREMIUM. (a) In General.—Section 1839(a)(3) (42 U.S.C. 1395r(a)(3)) is amended by striking the first 3 sentences and inserting the following: “The Secretary, during September of each year, shall determine and promulgate a monthly premium rate for the succeeding calendar year that is equal to 50 percent of the monthly actuarial rate for enrollees age 65 and over, determined according to paragraph (1), for that succeeding calendar year.”. (b) Conforming and Technical Amendments.— (1) Section 1839.—Section 1839 (42 U.S.C. 1395r) is amended— (A) in subsection (a)(2), by striking “(b) and (e)” and inserting “(b), (c), and (f)”; (B) in the last sentence of subsection (a)(3)— (i) by inserting “rate” after “premium”, and (ii) by striking “and the derivation of the dollar amounts specified in this paragraph”; (C) in the first sentence of subsection (b), by striking “or (e)”; (D) by striking subsection (e); and (E) by redesignating subsection (g) as subsection (e) and inserting that subsection after subsection (d). (2) Section 1844.—Subparagraphs (A)(i) and (B)(i) of section 1844(a)(1) (42 U.S.C. 1395w(a)(1)) are each amended by striking “or 1839(e), as the case may be”.111 STAT. 465