LETTER OF TRANSMITTAL
__________ BOARDS OF TRUSTEES OF THEFEDERAL HOSPITAL INSURANCE ANDFEDERAL SUPPLEMENTARY MEDICAL INSURANCE TRUST FUNDS,Washington, D.C., April 23, 2012
HONORABLE John A. BoehnerSpeaker of the House of RepresentativesWashington, D.C.HONORABLE Joseph R. BidenPresident of the SenateWashington, D.C.GENTLEMEN:We have the honor of transmitting to you the 2012 Annual Report of the Boards of Trustees of theFederal Hospital Insurance Trust Fund and the Federal Supplementary Medical Insurance TrustFund, the 47th such report.Respectfully,/S/Timothy F. Geithner,
Secretary of the Treasury, and Managing Trustee o f the Trust Funds.
/S/Hilda L. Solis, Secretary of Labor,and Trustee./S/Kathleen Sebelius,
Secretary of Health and Human Services,and Trustee
./S/Michael J. Astrue,
Commissionerof Social Security, and Trustee.
/S/Charles P. Blahous III,
./S/Robert D. Reischauer,
/S/Marilyn B. Tavenner,
Acting Administrator of theCenters for Medicare & Medicaid Services, andSecretary, Boards of Trustees.