payment amount benchmark quarter (as defined in subparagraph (D)); increased by
“(ii) the percentage by which the rebate period CPI-U (as defined in subparagraph (F)) for the calendar quarter exceeds the benchmark period CPI-U (as defined in subparagraph (E)).
“(D) Payment amount benchmark quarter.—The term ‘payment amount benchmark quarter’ means the calendar quarter beginning January 1, 2016.
“(E) Benchmark period cpi-u.—The term ‘benchmark period CPI-U' means the consumer price index for all urban consumers (United States city average) for July 2015.
“(F) Rebate period cpi-u.—The term ‘rebate period CPI-U’ means, with respect to a calendar quarter described in subparagraph (C), the greater of the benchmark period CPI-U and the consumer price index for all urban consumers (United States city average) for the first month of the calendar quarter that is two calendar quarters prior to such described calendar quarter.
·HR 4663 TH
