Download or read book Annual Report of the Board of Trustees of the Federal Supplementary Medical Insurance Trust Fund written by United States. Board of Trustees of the Federal Supplementary Medical Insurance Trust Fund and published by . This book was released on 1988 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book 1999 Annual Report of the Board of Trustees of the Federal Supplemental Medical Insurance Trust Fund written by United States Board of Trustees and published by Forgotten Books. This book was released on 2018-02-20 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from 1999 Annual Report of the Board of Trustees of the Federal Supplemental Medical Insurance Trust Fund: Communication From the Board of Trustees, the Federal Supplementary Medical Insurance Trust Fund, Transmitting the 1999 Annual Report of the Board of Trustees of the Federal Supplementary Medical Insurance Trust Fund The Supplementary Medical Insurance (smi) program, or Medicare Part B, pays for physician, outpatient hospital, home health, and other services for the aged and disabled. The smi program is financed primarily by transfers from the general fund of the us. Treasury and by monthly premiums paid by beneficiaries. Income not currently needed to pay benefits and related expenses is held in the smi trust fund, and invested in us. Treasury securities. The Board of Trustees was established under the Social Security Act to oversee the financial operations of the smi trust fund. The Board is composed of six members. Four members serve by virtue of their positions in the Federal Government: the Secretary of the Treasury who is the Managing Trustee, the Secretary of Labor, the Secretary of Health and Human Services, and the Commissioner of Social Security. The other two members are appointed by the President and confirmed by the Senate to serve as Public Trustees. Stephen G. Kellison and Marilyn Moon began serving on July 20, 1995. The Administrator of the Health Care Financing Administration (hcfa) is designated as Secretary of the Board. The Social Security Act requires that the Board report to the Congress annually on the financial and actuarial status of the smi trust fund. This 1999 report is the 34th to be submitted. Due to uncertainty about the future, the financial condition of the smi trust fund is examined under three alternative sets of assumptions: low cost, intermediate, and high cost. These alternatives are intended to illustrate a reasonable range of possible outcomes. The intermediate assumptions represent the Trustees' best estimate of the expected future economic and demographic trends. The financial adequacy of the smi program is evaluated for calendar year 1999. The report describes both the near term financial outlook and the longer term outlook throughout a 75-year valuation period. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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Download or read book Annual Report of the Board of Trustees of the Federal Supplementary Medical Insurance Trust Fund Communication from the Board of Trustees Federal Su written by United States Board of Trustees of the and published by Palala Press. This book was released on 2018-02-28 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

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