out this section. (d) Non-application The provisions of this section shall not apply with respect to any group or individual health insurance coverage in relation to its provision of excepted benefits described in section 2791(c)(1) of the Public Health Service Act ( 42 U.S.C. 300gg–91(c) ). (e) Definitions In this section: (1) Allowable costs (A) In general The amount of allowable costs of a health insurance issuer offering health insurance coverage in the individual or small group market for any year is an amount equal to the total costs (other than administrative costs) of such issuer in providing benefits covered by such coverage. (B) Certain reductions Allowable costs shall reduced by any— (i) risk adjustment payments received under section 1343 of the Patient Protection and Affordable Care Act ( 42 U.S.C. 18063 )