II 109th CONGRESS 2d Session S. 2687 IN THE SENATE OF THE UNITED STATES May 1, 2006 Ms. Stabenow (for herself and Mr. Kennedy) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend title XVIII of the Social Security Act to stabilize the amount of the Medicare part B premium.

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Short title

This Act may be cited as the Keep the Promise of Medicare Act of 2006.

2.

Stabilization of Medicare part B premium

Section 1839(a)(3) of the Social Security Act (42 U.S.C. 1395r(a)(3)) is amended by adding at the end the following new sentence: Notwithstanding the preceding sentences, the monthly premium rate determined under this paragraph for each month in 2007 may not exceed an amount equal to the monthly premium rate determined under this paragraph for each month in 2006 adjusted by the percentage change in the average Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI–W) for the third quarter of 2005 to the third quarter of 2006..