Military Veterans Administration Medical Sharing Act of 1981

Military Veterans' Administration Medical Sharing Act of 1981 - Requires the Administrator of Veterans' Affairs and the Secretary of Defense to direct the Chief Medical Director of the Veterans' Administration and the Assistant Secretary of Defense for Health Affairs to form an interagency committee to oversee opportunities for sharing the medical resources of the Veterans' Administration and the Department of Defense. Directs the Administrator and the Secretary to jointly establish guidelines for the sharing of medical resources by health care facilities of the Administration and the Department. Requires such guidelines to include provisions for cooperative sharing agreements with such health care facilities explicitly defining the care to be provided on a reimbursable basis.

Directs the Administration and the Secretary to submit an annual joint report to Congress setting forth the guidelines prescribed, the opportunities for interagency sharing agreements, and the progress of interagency activities to share medical resources.