Board of Trustees 2004 Annual Reports: Hearing Before the Committee on Ways and Means, U.S. House of Representatives, One Hundred Eighth Congress, Second Session, March 24 and April 1, 2004, Volume 4

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U.S. Government Printing Office, 2005 - Medicare - 133 pages

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Page 3 - NOT exceed a total of 10 pages including attachments. Witnesses are advised that the Committee will rely on electronic submissions for printing the official hearing record. 2. Copies of whole documents submitted as exhibit material will not be accepted for printing. Instead, exhibit material should be referenced and quoted or paraphrased. All exhibit material not meeting these specifications will be maintained in the Committee files for review and use by the Committee.
Page 31 - I would be happy to answer any questions. Thank you. [The prepared statement of Mr.
Page 3 - The Committee seeks to make its facilities accessible to persons with disabilities. If you are inneed of special accommodations, please call 202-225-1721 or 202-2263411 TTD/TTY in advance of the event (four business days notice is requested). Questions with regard to special accommodation needs in general (including availability of Committee materials in alternative formats) may be directed...
Page 82 - Committee met, pursuant to notice, at 2:06 pm, in room 1100, Longworth House Office Building, Hon. Bill Thomas (Chairman of the Committee) presiding.
Page 2 - Board is composed of six members: the Secretary of the Treasury (who is the Managing Trustee), the Secretary of Labor, the Secretary of Health and Human Services, the Commissioner of Social Security, and two members who are appointed by the President and confirmed by the Senate to serve as public trustees for four-year terms.
Page 18 - I appreciate the opportunity to be here to make these comments and look forward to answering your questions. [The prepared statement of Mr.
Page 37 - Calendar Year Past HI cost rates have generally increased over time but have periodically declined abruptly as the result of legislation to expand HI coverage to additional categories of workers, raise (or eliminate) the maximum taxable wage base, introduce new payment systems such as the inpatient prospective payment system, etc. Cost rates decreased significantly in 1998-2000 as a result of the Balanced Budget Act provisions together with strong economic growth. After...
Page 40 - Combined HI and SMI expenditures The financial status of the Medicare program is appropriately evaluated for each trust fund separately, as summarized in the preceding sections. By law, each fund is a distinct financial entity, and the nature and sources of financing are very different between the two funds. This distinction, however, frequently causes greater attention to the HI trust fund — its projected year of asset depletion in particular — and less attention to SMI, which does not face...
Page 61 - Does the gentleman from Maryland wish to inquire? Mr. CARDIN. Thank you, Mr. Chairman, and thank all of our witnesses for being here.

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