Additional Information Related to Analysis of the Administration's Proposal to Ensure Solvency of the United Mine Workers of America Combined Benefit Fund
AIMD-00-308R: Published: Aug 31, 2000. Publicly Released: Aug 31, 2000.
Additional Materials:
- Full Report:
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Pursuant to a congressional request, GAO provided information on the United Mine Workers of America Combined Benefit Fund.
GAO noted that: (1) both the net average cost per beneficiary of providing benefits under the fund and per beneficiary premium increased each fiscal year for the past 5 years; (2) the percentage increase in the average net cost per beneficiary of providing benefits under the fund for the past 5 fiscal years fluctuated from 1 to 14 percent, while the percentage increase in the medical component of the Consumer Price Index (CPI) for those years was relatively stable, fluctuating from 3 to 4 percent; (3) according to Fund officials, while the increase in the medical component of the CPI is driven primarily by price increases, the increase in the fund's average net cost of providing benefits per beneficiary is driven by the increased use of medical care in addition to price increases; (4) income during fiscal years 1996 through 2000 was derived from three primary sources: (a) coal company premiums; (b) the Health Care Financing Administration; and (c) transfers of interest from the Abandoned Mine Land Reclamation trust fund; and (5) these three sources provided over 85 percent of the fund's total income for each of the past 5 years.
Feb 18, 2021
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Financial Audit:
Federal Deposit Insurance Corporation Funds' 2020 and 2019 Financial StatementsGAO-21-284R: Published: Feb 18, 2021. Publicly Released: Feb 18, 2021.
Nov 16, 2020
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Financial Audit:
Bureau of Consumer Financial Protection's FY 2020 and FY 2019 Financial StatementsGAO-21-174R: Published: Nov 16, 2020. Publicly Released: Nov 16, 2020. -
Financial Audit:
Federal Housing Finance Agency's FY 2020 and FY 2019 Financial StatementsGAO-21-201R: Published: Nov 16, 2020. Publicly Released: Nov 16, 2020. -
Financial Audit:
Securities and Exchange Commission's FY 2020 and FY 2019 Financial StatementsGAO-21-192R: Published: Nov 16, 2020. Publicly Released: Nov 16, 2020.
Nov 10, 2020
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Financial Audit:
IRS's FY 2020 and FY 2019 Financial StatementsGAO-21-162: Published: Nov 10, 2020. Publicly Released: Nov 10, 2020. -
Financial Audit:
Office of Financial Stability's (Troubled Asset Relief Program) FY 2020 and FY 2019 Financial StatementsGAO-21-173R: Published: Nov 10, 2020. Publicly Released: Nov 10, 2020.
Nov 9, 2020
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Financial Audit:
Bureau of the Fiscal Service's FY 2020 and FY 2019 Schedules of Federal DebtGAO-21-124: Published: Nov 9, 2020. Publicly Released: Nov 9, 2020.
Nov 6, 2020
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FY 2020 Excise Tax:
Agreed-Upon Procedures Related to Distributions to Trust FundsGAO-21-163R: Published: Nov 6, 2020. Publicly Released: Nov 6, 2020.
Oct 13, 2020
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DOD Financial Management:
Continued Efforts Needed to Correct Material Weaknesses Identified in Financial Statement AuditsGAO-21-157: Published: Oct 13, 2020. Publicly Released: Oct 13, 2020.
Sep 30, 2020
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Financial Management:
DOD Needs to Implement Comprehensive Plans to Improve Its Systems EnvironmentGAO-20-252: Published: Sep 30, 2020. Publicly Released: Sep 30, 2020.
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