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<classification authority="sudocs">GA 1.13:AIMD-00-308R</classification>
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 <subject>Retirement benefits</subject>
 <subject>Mining industry</subject>
 <subject>Coalminers benefits</subject>
 <subject>Financial analysis</subject>
 <identifier>Abandoned Mine Land Fund</identifier>
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<abstract>Pursuant to a congressional request, GAO provided information on the
United Mine Workers of America Combined Benefit Fund.&lt;p/&gt;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&apos;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&apos;s total income for each of
the past 5 years.</abstract>
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<note>Correspondence</note>
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<subject>
 <topic>Retirement benefits</topic>
 <topic>Mining industry</topic>
 <topic>Coalminers benefits</topic>
 <topic>Financial analysis</topic>
 <topic>Abandoned Mine Land Fund</topic>
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