; and (ii) meets the requirements of subparagraphs (A) through (D) of subsection (b)(1). (B) Funding If a State application under subparagraph (A) is approved, the State may fund such invisible high-risk pool or reinsurance program using one or both of the following: (i) Amounts received through a grant described in subparagraph (C). (ii) With respect to a State that has received a waiver under this section, all of, or a portion of, the payments made to the State as described in subsection (a)(3), consistent with the information the State provides under subsection (a)(1)(B)(iii). (C) Federal funding for invisible high-risk pool and reinsurance programs There are authorized to be appropriated, and there are appropriated, to the Secretary, out of monies in the Treasury not otherwise obligated, $2,250,000,000 for each of fiscal years 2018 and 2019, to remain available until expended, for purposes of awarding grants to States to support the establishment or maintenance of invisible high-risk pool and reinsurance programs that meet the requirements of paragraph (2). Any funds provided under this subparagraph shall not be considered in determining under subparagraph (A)(ii) whether the State plan increases the Federal deficit. (2) Program design An invisible high-risk pool or reinsurance program described in this paragraph is a program that meets one of the following requirements: (A) An invisible high-risk pool under which health insurance issuers, with respect to designated high-risk individuals enrolled in health insurance coverage offered in the individual market, cede risk to the pool, without affecting the premium paid by the designated individuals or their terms of coverage. With respect to such pool, the State, or an entity operating the pool on behalf of the State, shall establish— (i) the premium amount the ceding insurer shall pay to the reinsurance pool; (ii) the applicable attachment points or coinsurance percentages if the ceding insurer retains any portion of the risk under ceded policies