Just for starters
SEC. 3209. AUTHORITY TO DENY PLAN BIDS.
(a) In General.--Section 1854(a)(5) of the Social Security Act (42
U.S.C. 1395w-24(a)(5)) is amended by adding at the end the following new
subparagraph:
``(C) Rejection of bids.--
``(i) In general.--Nothing in this section
shall be construed as requiring the Secretary to
accept any or every bid submitted by an MA
organization under this subsection.
``(ii) Authority to deny bids that propose
significant increases in cost sharing or decreases
in benefits.--The Secretary may deny a bid
submitted by an MA organization for an MA plan if
it proposes significant increases in cost sharing
or decreases in benefits offered under the
plan.''.
(b) Application Under Part D.--Section 1860D-11(d) of such Act (42
U.S.C. 1395w-111(d)) is amended by adding at the end the following new
paragraph:
``(3) Rejection of bids. <<NOTE: Applicability.>> --
Paragraph (5)(C) of section 1854(a) shall apply with respect to
bids submitted by a PDP sponsor under subsection (b) in the same
manner as such paragraph applies to bids submitted by an MA
organization under such section 1854(a).''.
http://origin.www.gpo.gov/fdsys/pkg/PLAW-111publ148/html/PLAW-111publ148.htm