of performing administrative functions (including functions described in subsection (a)(4) of section 1874A of the Social Security Act) with respect to the public health insurance option in the same manner as the Secretary may enter into contracts under subsection (a)(1) of such section. The Secretary shall have the same authority with respect to the public health insurance option as the Secretary has under such subsection (a)(1) and subsection (b) of section 1874A of the Social Security Act with respect to title XVIII of such Act. (B) Transfer of insurance risk Any contract under this paragraph shall not involve the transfer of insurance risk from the Secretary to the entity entering into such contract with the Secretary. (3) State Advisory Council (A) Establishment A State may establish a public or nonprofit entity to serve as the State Advisory Council to provide recommendations to the Secretary on the operations and policies of the public health insurance option offered through the Exchange operating in the State. (B) Recommendations A State Advisory Council established under subparagraph (A) shall provide recommendations on at least the following: (i) Policies and procedures to integrate quality improvement and cost containment mechanisms into the health care delivery system. (ii) Mechanisms to facilitate public awareness of the availability of the public health insurance option. (iii) Alternative payment models and value-based insurance design under the public health insurance option that encourage quality improvement and cost control. (C) Members The members of any State Advisory Council shall be representatives of the public and include health care consumers and health care providers. (D) Applicability of recommendations The Secretary may apply the recommendations of a State Advisory Council to the public health insurance option in that State, in any other State, or in all States. (4) Data collection The Secretary shall collect such data as may be required— (A) to establish rates for premiums and health