Medicare-Eligible Retiree Health Care Fund Audited Financial Statements. Fiscal Year 2013.

摘要

The reporting entity is the Department of Defense (DoD) Medicare- Eligible Retiree Health Care Fund (the Fund or MERHCF). The mission of the MERHCF, administered by the Secretary of the Treasury, is to accumulate funds in order to finance, on an actuarially sound basis, liabilities of DoD under uniformed services health care programs for specific Medicare-eligible beneficiaries, as designated by Sections 1111 through 1117 of Title 10, U. S. Code. The Fiscal Year (FY) 2001 National Defense Authorization Act (NDAA) directed the establishment of the MERHCF to pay for Medicare-eligible retiree health care beginning on October 1, 2002. Prior to this date, care for Medicare- eligible beneficiaries was financed through annual Congressional appropriations for the Military Health System (MHS) (including the Defense Health Program DHP) and Military Pay appropriations. The Fund covers Medicare-eligible beneficiaries, regardless of age. In the context of the Fund, hereafter the term Medicare-eligible beneficiaries is used to refer to Medicare-eligible beneficiaries who are related to retirees (i.e., retirees themselves, dependents of retirees, and survivors).