PUBLIC LAW 100-360—JULY 1, 1988
102 STAT. 691
If the limitation determined under the preceding sentence is not a multiple of $50, such limitation shall be rounded to the nearest multiple of $50. "(C) MEDICARB-PART B VALUE.—
"(i) IN GENERAL.—For purposes of subparagraph (B), the term 'medicare-part B value' means, with respect to any calendar year, an amount equal to the excess of— "(I) l^e average per capita part B outlays for the year, over "(n) 12 times the monthly premium for months in such calendar year established under section 1839 of such Act (without r^ard to subsections (b), ( a (g)(4), and (g)(5) thereof), "(ii) AVERAGE PER CAPITA PART B OUTLAYS.—For purposes of clause (i), the term 'average per capita part B outlays' means, with respect to a calendar year— "(1) the outlays under part B of title XVm of the Social Security Act for the year, divided by "(ID the average number of individuals covered under such part during the year. "(iii) SPECIAL RULE FOR cx)VERED OUTPATIENT DRUGS.—
In applying the limitation under subparagraph (B) with respect to taxable years beginning in any calendar year before 1998, for purposes of this subparagraph— "(1) the term 'outlays' does not include outlays for covered outpatient drugs (as defined in section 1861(t)(2) of the Social Security Act), and "(n) the monthly premium shall be computed under clause (i)(n) excluding premiums under section 1839(g) of such Act attributable to the prescription drug monthly premium. "(3) TABLES.—The annual premium shall be determined under tables which shall be prescribed by the Secretary. Such tables shall be based on the ror^oing provisions of this subeec* tion; except that such tables may have adjusted income tax liability brackets of less than $150. "(d) DErratMINATION OF SUPPLEMENTAL PREMIUM RATE FOR YEARS BEFORE 1994.—In the case of any taxable year beginning before
1994, the supplemental premium rate determined under this subsection shall be the sum of the catastrophic coverage premium rate and the prescription drug premium rate determined under the following table: "In the case of any taxable The catastrophic coverage The prescription drug year peginning in: premium rate is: premium rate is: 1989 $22.50 0 1990 27.14 110.36 1991 30.17 8.83 1992 30.55 9.95 1993 29.55 12.45. "(e) SUPPLEMENTAL PREMIUM RATE FOR YEARS AFTER 1993.—
"(1) IN GENERAL.—In the case of any taxable year b^^ioning in a calendar year after 1993, except as provided in paragraph (2), the supplemental premium rate determined under this subsection shall be the sum of— "(A) the catastrophic coverage premium rate (which would be in ^ e c t under this section for taxable years
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