; and (B) at least 2 qualifying plans (as defined in paragraph (3)) in the area in which the individual resides, at least one of which is a prescription drug plan. (2) Requirement for different plan sponsors The requirement in paragraph (1)(B) is not satisfied with respect to an area if only one entity offers all the qualifying plans in the area. (3) Qualifying plan defined For purposes of this section, the term qualifying plan means— (A) a prescription drug plan; (B) an MA–PD plan described in section 1851(a)(2)(A)(i) that provides— (i) basic prescription drug coverage; or (ii) qualified prescription drug coverage that provides supplemental prescription drug coverage so long as there is no MA monthly supplemental beneficiary premium applied under the plan, due to the application of a credit against such premium of a rebate under section 1854(b)(1)(C); or (C) a nationwide prescription drug plan offered by the Secretary in accordance with subsection (b). (b) HHS as PDP sponsor for a nationwide prescription drug plan (1) In general The Secretary, acting through the Administrator of the Centers for Medicare & Medicaid Services, shall take such steps as may be necessary to qualify and serve as a PDP sponsor and to offer a prescription drug plan that offers basic prescription drug coverage throughout the United States. Such a plan shall be in addition to, and not in lieu of, other prescription drug plans offered under this part. (2) Premium; solvency; authorities In carrying out paragraph (1), the Secretary— (A) shall establish a premium in the amount of $37 for months in 2019 and, for months in subsequent years, in the amount specified in this paragraph for months in the previous year increased by the annual percentage increase described in section 1860D–2(b)(6) (relating to growth in medicare prescription drug costs per beneficiary) for the year involved; (B) is deemed to have met any applicable solvency and capital adequacy standards