Requires participation in Medicare Part B after 1 April 2001, but does allow those who did not enroll in Part B before 1 April 2002 to still participate. Grandfathers all BRAC participants.
Beneficiaries pay no copayments or deductibles.
Provision is effective 1 October 2001 and is a permanent benefit. Directs the Secretary of Defense to conduct a study using an independent entity to develop strategies for determining the timing and amount of payments to be deposited to the DOD Medicare-Eligible Retiree Health Care Fund.