low-income benchmark premium amount
Defined in 1 place of the United States Code.
For purposes of this subsection, the term “low-income benchmark premium amount” means, with respect to a PDP region in which—
(i) all prescription drug plans are offered by the same PDP sponsor, the weighted average of the amounts described in subparagraph (B)(i) for such plans; or
(ii) there are prescription drug plans offered by more than one PDP sponsor, the weighted average of amounts described in subparagraph (B) for prescription drug plans and MA–PD plans described in section 1395w–21(a)(2)(A)(i) of this title offered in such region.
Source
- 2003–present42 U.S.C. § 1395WThe Public Health and Welfare · Premium and cost-sharing subsidies for low-income individuals · in this section