Title III, SEC. 3033. AVAILABILITY OF FUNDS FOR PAYMENTS; ANNUAL AMOUNT OF PAYMENTS. (a) Determination by Secretary of Funds Available for Payments. (1) Annual health professions workforce account. Subject to paragraph (2) and section 3034, the Secretary shall determine for each calendar year the amount to be made available for the purpose of making payments under section 3031 (and under section 3051, as applicable) for the year. In determining such amount, the Secretary shall consider the amount necessary for making payments in the amounts determined under subsection (b) (and the amounts necessary for making payments in the amounts determined under section 3051(e) for institutions, in the case of calendar years 1998 through 2001). (2) Limitation. The amount determined by the Secretary for a calendar year under paragraph (1) may not exceed the following amount, as applicable to the calendar year: (A) In the case of calendar year 1996, $3,200,000,000. (B) In the case of calendar year 1997, $3,500,000,000. (C) In the case of calendar year 1998, $4,800,000,000. (D) In the case of each of the calendar years 1999 and 2000, $5,800,000,000. (E) In the case of each subsequent calendar year, the amount specified in subparagraph (D) increased by the product of such amount and the general health care inflation factor for such year (as defined in subsection (c)). (b) Amount of Payments for Individual Eligible Programs. (1) In general. Subject to the annual health professions workforce account determined by the Secretary under subsection (a) for the calendar year involved, the amount of payments required in section 3031 to be made to an eligible program for the calendar year is an amount equal to the product of (A) the number of full-time equivalent training participants in the program; and (B) the national average of the costs of such programs in training an individual, as determined by consideration of the following factors (and as adjusted under paragraph (2)(B)): (i) The national average salary of training participants. (ii) The national average costs of such programs in providing for faculty supervision of training participants and for related activities. (2) Additional provisions regarding national average cost. (A) The Secretary shall in accordance with paragraph (1)(B) determine, for academic year 1992-93, an amount equal to the national average described in such paragraph with respect to training an individual. The national average applicable under such paragraph for a calendar year is, subject to subparagraph (B), the amount determined under the preceding sentence increased by an amount necessary to offset the effects of health care inflation occurring since academic year 1992-93, as determined through use of the general health care inflation factors for such years (or if there is no such factor for a calendar year, the consumer price index for the year). (B) The national average determined under subparagraph (A) and applicable to a calendar year shall, in the case of the eligible program involved, be adjusted by a factor to reflect regional differences in the applicable wage and wage-related costs. (c) Definitions. For purposes of this subtitle: (1) The term ``annual health professions workforce account'', with respect to a calendar year, means the amount determined under subsection (a) for such year. (2) The term ``consumer price index'' has the meaning given such term in section 1902. (3) The term ``general health care inflation factor'', with respect to a year, has the meaning given such term in section 6001(a)(3) for such year.