; and (2) by adding at the end the following new subparagraph: (J) Adjustment for not submitting encounter data (i) In general In the case of a Medicare Advantage plan offered by a Medicare Advantage organization that, with respect to a plan year (beginning on or after January 1 of the second year beginning on or after the date of the enactment of this subparagraph), has not submitted any encounter information under section 1852(c)(4), for each month during such plan year (until such month, if any, during such plan year during which the organization submits such information), the monthly payment amount specified in clauses (i) and (ii) of subparagraph (B) shall be reduced by 10 percent of the amount that would otherwise apply. (ii) Reduction for incomplete data submitted In the case of a Medicare Advantage plan offered by a Medicare Advantage organization that, with respect to a plan year (beginning on or after January 1 of the second year beginning on or after the date of the enactment of this subparagraph), has submitted encounter information, as required under section 1852(c)(4), but such information is not complete or is not accurate, as required under such section, for each month during such plan year (until such month, if any, during such plan year during which the organization submits such complete and accurate information), the monthly payment amount specified in clauses (i), (ii), and (iii) of subparagraph (B), as applicable, shall be reduced by a percent specified by the Secretary (not to exceed 5 percent) of the amount that would otherwise apply. Such percent specified by the Secretary shall be based on the percentage of information missing in the submission and determined pursuant to rulemaking. (iii) Process In applying the reductions under this subparagraph, the Secretary— (I) shall provide public justification for any percent reduction applied pursuant to clause (ii), including data used to arrive at the determination of the percent so applied