SEC. 1207. APPLICATION OF MA PREMIUMS PRIOR TO REBATE IN CALCULATION OF LOW INCOME SUBSIDY BENCHMARK.

[a] In General- Section- 1860D-14[b][2][B][iii] of the Social Security Act [42 U.S.C. 1395w-114[b][2][B][iii]] is amended by inserting before the period the following: 'before the application of the monthly rebate computed under section 1854[b][1][C][i] for that plan and year involved'.

[b] Effective Date- The amendment made by subsection [a] shall apply to subsidy determinations made for months beginning with January 2011.