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Code · BILL · 114th Congress · S. 673 (Introduced in Senate) — To provide a transition plan for those individuals who may be affected by ObamaCare’s unlawful implementation. · Sec. 5

Sec. 5. Stopping bureaucrats from spending taxpayer dollars

218 words·~1 min read·/bill/114/s/673/is/section-5·

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Section 1115 of the Social Security Act ( 42 U.S.C. 1315 ) is amended by adding at the end the following: No experimental, pilot, or demonstration project undertaken under subsection
(a)to promote the objectives of title XIX shall be approved, renewed, or extended unless— the Secretary establishes spending limits for the project (which may be annual per population-based limits, aggregate limits (annual or for the waiver period), or a combination thereof) only by applying benchmark growth rates that are determined based on the average of the most recent estimates of nationwide Medicaid beneficiary costs and enrollment growth produced by the Director of the Congressional Budget Office and the Director of the Office of Management and Budget, respectively; and the establishment and application of such spending limits to the project and the estimated savings resulting from the project are reviewed and certified by an individual who is a member of the American Academy of Actuaries or the Society of Actuaries, using generally accepted actuarial principles and methodologies, and who is not a Federal officer or employee. . The amendment made by subsection
(a)takes effect on the date of enactment of this Act and applies to Medicaid waivers approved, renewed, or extended under section 1115 of the Social Security Act ( 42 U.S.C. 1315 ) after that date.
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Sec. 5
Stopping bureaucrats from spending taxpayer dollars
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