Sec. 101 Five-year funding extension of the Children’s Health Insurance Program
“(21) for fiscal year 2018, $21,500,000,000;
“(22) for fiscal year 2019, $22,600,000,000;
“(23) for fiscal year 2020, $23,700,000,000;
“(24) for fiscal year 2021, $24,800,000,000; and
“(25) for fiscal year 2022, for purposes of making 2 semi-annual allotments—
“(A) $2,850,000,000 for the period beginning on October 1, 2021, and ending on March 31, 2022; and
“(B) $2,850,000,000 for the period beginning on April 1, 2022, and ending on September 30, 2022.”
“(10) For fiscal year 2022
“(A) First half—Subject to paragraphs (5) and (7), from the amount made available under subparagraph (A) of paragraph (25) of subsection (a) for the semi-annual period described in such subparagraph, increased by the amount of the appropriation for such period under section 101(b)(3) of the HEALTHY KIDS Act, the Secretary shall compute a State allotment for each State (including the District of Columbia and each commonwealth and territory) for such semi-annual period in an amount equal to the first half ratio (described in subparagraph (D)) of the amount described in subparagraph (C).
“(B) Second half—Subject to paragraphs (5) and (7), from the amount made available under subparagraph (B) of paragraph (25) of subsection (a) for the semi-annual period described in such subparagraph, the Secretary shall compute a State allotment for each State (including the District of Columbia and each commonwealth and territory) for such semi-annual period in an amount equal to the amount made available under such subparagraph, multiplied by the ratio of—
“(i) the amount of the allotment to such State under subparagraph (A); to
“(ii) the total of the amount of all of the allotments made available under such subparagraph.
“(C) Full year amount based on growth factor updated amount—The amount described in this subparagraph for a State is equal to the sum of—
“(i) the amount of the State allotment for fiscal year 2021 determined under paragraph (2)(B)(i); and
“(ii) the amount of any payments made to the State under subsection (n) for fiscal year 2021,
“(D) First half ratio—The first half ratio described in this subparagraph is the ratio of—
“(i) the sum of—
“(I) the amount made available under subsection (a)(25)(A); and
“(II) the amount of the appropriation for such period under section 101(b)(3) of the HEALTHY KIDS Act; to
“(ii) the sum of—
“(I) the amount described in clause (i); and
“(II) the amount made available under subsection (a)(25)(B).”
“(g) Use of blended risk pools
“(1) In general—Nothing in this title (or any other provision of Federal law) shall be construed as preventing a State from considering children enrolled in a qualified CHIP look-alike program and children enrolled in a State child health plan under this title (or a waiver of such plan) as members of a single risk pool.
“(2) Qualified CHIP look-alike program—In this subsection, the term qualified CHIP look-alike program means a State program—
“(A) under which children who are under the age of 19 and are not eligible to receive medical assistance under title XIX or child health assistance under this title may purchase coverage through the State that provides benefits that are at least identical to the benefits provided under the State child health plan under this title (or a waiver of such plan); and
“(B) that is funded exclusively through non-Federal funds, including funds received by the State in the form of premiums for the purchase of such coverage.”