To amend part C of title XVIII of the Social Security Act to limit increases in Medicare Advantage payment rates to 2 percent per year until parity achieved with Medicare fee-for-service program.

Amends title XVIII (Medicare) of the Social Security Act to limit Medicare Advantage payment rate increases (except for Programs of All-inclusive Care for Elderly (PACE)) to 2% per year until parity is achieved with the Medicare fee-for-service capitation rate.