purposes of subparagraph (A), the requirements described in this subparagraph are the following: (i) The entity did not use any portion of a payment described in such subparagraph for compensation or benefits, including salary, bonuses, awards of stock, or other financial benefits, for an officer or employee described in section 4004(a)(2) of the CARES Act ( Public Law 116–136 ). (ii) The entity used at least 60 percent of such payment for employee compensation (other than an officer or employee described in clause (i)) during the period beginning on January 1, 2020, and ending on June 30, 2021. (iii) The entity did not balance bill or surprise bill any COVID–19 patient. (b) Ensuring the solvency of Medicare trust funds (1) Federal Hospital Insurance Trust Fund Section 1817 of the Social Security Act ( 42 U.S.C. 1395i ) is amended by adding at the end the following new subsection: (l) Accelerated payment program transfers (1) In general There shall be transferred from the General Fund of the Treasury to the Trust Fund, periodically (as determined by the Managing Trustee), amounts such that the aggregate amount so transferred under this paragraph equals the total amount of specified payments (as defined in paragraph (2)) made under this part. (2) Specified payment In this subsection, the term specified payment means a payment that is made— (A) under section 1815(e)(3)