Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds
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The Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds are a group of high-level federal officials responsible for monitoring the financial status of Medicare’s main trust funds and reporting annually to Congress on their solvency and operations.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds canonical | 1 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
Medicare governance body
ⓘ
United States government entity ⓘ federal oversight body ⓘ |
| appliesToProgram | Medicare NERFINISHED ⓘ |
| beneficiaryPopulation | Medicare beneficiaries in the United States ⓘ |
| chairpersonUsually | Secretary of the Treasury of the United States NERFINISHED ⓘ |
| componentOf | Medicare governance structure ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| establishedFor |
oversight of Medicare Part A Hospital Insurance Trust Fund
ⓘ
oversight of Medicare Supplementary Medical Insurance Trust Fund for Parts B and D ⓘ |
| governanceLevel | federal ⓘ |
| hasMember |
Commissioner of Social Security
NERFINISHED
ⓘ
Secretary of Health and Human Services of the United States NERFINISHED ⓘ Secretary of Labor of the United States NERFINISHED ⓘ Secretary of the Treasury of the United States NERFINISHED ⓘ two public representatives appointed by the President of the United States ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
federal government of the United States
|
| languageOfWork | English ⓘ |
| legalBasis |
Social Security Act
NERFINISHED
ⓘ
Title XVIII of the Social Security Act NERFINISHED ⓘ |
| oversees |
Federal Hospital Insurance Trust Fund
NERFINISHED
ⓘ
Federal Supplementary Medical Insurance Trust Fund NERFINISHED ⓘ Medicare Part A trust fund NERFINISHED ⓘ Medicare Part B trust fund NERFINISHED ⓘ Medicare Part D trust fund financing ⓘ |
| primaryFunction |
evaluate solvency of Medicare trust funds
ⓘ
monitor the financial status of Medicare trust funds ⓘ report annually to Congress on the financial operations of Medicare trust funds ⓘ |
| producesDocument | Annual Report of the Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds NERFINISHED ⓘ |
| publishes |
long-range projections of Medicare trust fund finances
ⓘ
short-range projections of Medicare trust fund finances ⓘ |
| relatedTo |
Centers for Medicare & Medicaid Services
NERFINISHED
ⓘ
Social Security Administration NERFINISHED ⓘ U.S. Department of Health and Human Services NERFINISHED ⓘ U.S. Department of Labor NERFINISHED ⓘ U.S. Department of the Treasury NERFINISHED ⓘ |
| reportFrequency | annually ⓘ |
| reportsTo | United States Congress NERFINISHED ⓘ |
| responsibility |
assess actuarial status of Medicare trust funds
ⓘ
project future costs and revenues of Medicare trust funds ⓘ recommend possible legislative changes to ensure Medicare trust fund solvency ⓘ review income and expenditures of Medicare trust funds ⓘ |
| scope | national ⓘ |
| sector | public sector ⓘ |
| subjectArea |
federal trust funds
ⓘ
health insurance financing ⓘ public health insurance ⓘ |
| worksWith | Office of the Actuary of the Centers for Medicare & Medicaid Services NERFINISHED ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
Medicare trust funds
→
overseenBy
→
Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds
ⓘ