To ensure that savings associated with legislation that reduces overpayments to medicare advantage plans is reserved for deficit reduction and to strengthen the Federal Hospital Insurance Trust Fund.

SA 258. Mr. FEINGOLD (for himself and Mr. Bingaman) submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 18, setting forth the congressional budget for the United States Government for fiscal year 2006 and including the appropriate budgetary levels for fiscal years 2005 and 2007 through 2010; as follows:

On page 40, after line 8, insert the following:

SEC. __. RESERVE FUND FOR DEFICIT REDUCTION AND TO STRENGTHEN THE PART A TRUST FUND.

The Chairman of the Senate Committee on the Budget may revise the aggregates, allocations, functional totals, and other appropriate levels and limits in this resolution upon enactment of legislation that achieves savings under the medicare program under title XVIII of the Social Security Act by reducing overpayments to Medicare Advantage plans (such as legislation that requires the full amount of savings from the implementation of risk adjusted payments to Medicare Advantage plans to accrue to the medicare program, that eliminates the plan stabilization fund under section 1858(e) of such Act, and that adjusts the MA area-specific non-drug monthly benchmark amount under part C of such title to exclude payments for the indirect costs of medical education under section 1886(d)(5)(B) of such Act), by the amount of savings in that legislation, to ensure that those savings are reserved for deficit reduction and to strengthen the Federal Hospital Insurance Trust Fund.