Section 1 Extending incentive payments for participation in eligible alternative payment models
in paragraph (1)—
in subparagraph (A)—
by striking “In the case” and inserting “Subject to subparagraph (E), in the case”;
by striking “ending with 2025” and inserting “ending with 2026”; and
by inserting “and 2026” after “with respect to 2025”; and
by adding at the end the following new subparagraph:
“(E) Special payment rule for 2026—With respect to an amount payable under subparagraph (A) for 2026 to an eligible professional who is a qualifying APM participant for such year, such amount shall be reduced, in the case such participant has received payment under such subparagraph—
“(i) for at least 4 years but fewer than 7 years, by 34 percent; or
“(ii) for 7 years, by 67 percent.”
in paragraph (2)—
in subparagraph (B)—
in the subparagraph heading, by striking “2025” and inserting “2026”; and
in the matter preceding clause (i), by striking “2025” and inserting “2026”;
in subparagraph (C)—
in the subparagraph heading, by striking “2026” and inserting “2027”; and
in the matter preceding clause (i), by striking “2026” and inserting “2027”; and
in subparagraph (D), by striking “2024, and 2025” and inserting “2024, 2025, and 2026”; and
in paragraph (4)(B), by striking “2025” and inserting “2025 and 2026”.
Conforming amendments— Section 1848(q)(1)(C)(iii) of the Social Security Act (42 U.S.C. 1395w–4(q)(1)(C)(iii) is amended—
in subclause (II), by striking “2025” and inserting “2026”; and
in subclause (III), by striking “2026” and inserting “2027”.