2020-11-12T05:30:54-06:00 2019-12-31 350921680 CROWE LLP 9600 Brownsboro Road Suite 400 Louisville KY 402411122 990 2019-01-01 391519322 WEA Insurance Corporation WEAI 6082764000 45 Nob Hill Road Madison WI 537133959 Dawn Witek VP of Accounting and Finance 2020-11-12 true RACHEL SPURLOCK P00520729 5023263996 2019 2022-01-07 14:23:13Z Michael Quist 45 Nob Hill Road Madison WI 537133959 1534633328 false X WEATRUST.COM X 1985 WI To promote the health and financial security of participants by providing excellent benefit programs and outstanding personal service that respects the dignity and worth of every member. 13 13 0 0 0 0 0 0 603790087 585240976 18999327 30084506 1111415 67752 623900829 615393234 57180 0 558111020 579418940 26658999 -50425 0 0 0 28823212 59244298 613650411 638612813 10250418 -23219579 664672752 712836642 499091922 530112209 165580830 182724433 To promote the health and financial security of Trust participants by providing excellent benefit programs and outstanding personal service that respects the dignity and worth of every member. false false Health Insurance programs provide benefits for approximately 44,100 health participants, 8,600 life participants, 263 long-term disability participants, 3,200 vision participants, and 8,125 long term care participants. 0 false false false false false false false false false false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 5330 0 true 0 false false false false false false false false X 13 13 false false false false true true false true true false false true true true true true true false false false X Dawn Witek 6086616784 45 Nob Hill Road Madison WI 53713 Allen Knop Board Member 1.8 2.9 X 0 3950 0 Amy Johnson Board Member 2.4 3.4 X 0 5811 0 Carol Kettner Board Member 2.5 4.2 X 0 4397 0 Daniel Weidner Board Member 2.5 3.3 X 0 4550 0 Gina Dennik-Champion Board Member 1.5 0.7 X 0 2050 0 Heather Mielke Board Member, Secretary/Treasurer 2.5 3.7 X 0 6232 0 Joan Beglinger Board Member 1.9 1.0 X 0 2450 0 Margaret Guertler Board Member, Vice Chair 2.4 3.7 X 0 6434 0 Mark Litow Board Member 1.7 1.6 X 0 1855 0 Mary Theisen Board Member, Chair 3.3 5.0 X 0 9628 0 Mike Halloran Board Member 2.1 3.1 X 0 4397 0 Sarah Kruger Board Member 1.8 2.9 X 0 3450 0 Shelly Krajacic Board Member 0.4 2.1 X 0 1208 0 Susan Thomson Board Member 1.1 0.7 X 0 1225 0 Barbara Ruegseggar Corporate Secretary 10.0 30.0 X 0 130103 39441 Dawn Witek Vice President of Finance & Accounting 10.0 30.0 X 0 188099 51443 Michael Quist President 10.0 30.0 X 0 448072 60417 Vaughn Vance Vice President General Counsel 10.0 30.0 X 0 266094 58801 0 1090005 210102 0 false true false Equian LLC 1101 N Old World Third Street Suite 105 Milwaukee WI 53203 Payment Integrity Services 1624397 Associated Financial Group 8040 Excelsior Drive Madison WI 53717 Insurance Agency & Brokerage 1029408 Interlink Care Management 4660 NE Belknap Ct Suite 209 Hillsboro OR 97124 Medical Case Management 969771 Optumhealth Care Solutions 11000 Optum Circle MN101-W-400 Eden Prairie MN 55344 Bill Audit Services 888046 Milliman 15800 Bluemound Rd Ste 100 Brookfield WI 53005 Actuarial Services 594617 30 0 0 0 0 0 0 0 0 Contributions Earned 524114 585240976 585240976 0 0 0 0 585240976 16650435 16650435 0 0 932674165 919240094 13434071 0 13434071 13434071 Dental Plan Commissions 900099 25129 25129 Other Income 900099 42623 42623 0 0 0 0 67752 615393234 585308728 0 30084506 579418940 -72487 43920 -21858 20615 162768 635 2093080 11021317 0 0 0 252879 1226686 2035463 290 90214 7447 129 Management Fees 42346674 Change in LAE Reserves 332456 HIRSP Assessment 223604 Insurance Dept Licenses & Fees 85710 -655669 0 0 0 638612813 0 0 0 22292139 19183055 22092550 22083372 120109 1586526 0 0 0 0 1411357 36000 0 0 518694 0 592750820 649322041 0 10367956 8881521 15119127 11744127 664672752 712836642 24835566 18433346 17448802 16283664 0 0 456807554 495395199 499091922 530112209 X 2000000 2000000 163580830 180724433 165580830 182724433 664672752 712836642 X -23219579 42349617 -1986435 X false true X true false Benefits Payable 494210767 Payable for Securities 936847 Payable to affiliates 247585 495395199 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE TRUST, CORPORATION, HTHP AND NEUGEN ACCOUNT FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC 740, WHICH PROVIDES A FRAMEWORK FOR HOW COMPANIES SHOULD RECOGNIZE, MEASURE, PRESENT AND DISCLOSE UNCERTAIN TAX POSITIONS IN THEIR CONSOLIDATED FINANCIAL STATEMENTS. THE COMPANIES MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE TRUST, CORPORATION, HTHP AND NEUGEN DID NOT RECORD ANY UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2019 AND 2018. THE COMPANIES DO NOT BELIEVE IT IS REASONABLY POSSIBLE THAT ITS UNRECOGNIZED TAX BENEFITS WOULD MATERIALLY CHANGE IN THE NEXT TWELVE MONTHS. THE COMPANIES POLICY IS TO INCLUDE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF OTHER EXPENSES. AS OF DECEMBER 31, 2019 AND 2018, THE COMPANIES DID NOT RECORD ANY PENALTIES OR INTEREST ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS. false false false Michael Quist President 0 400517 0 41551 0 6004 0 28000 0 32417 0 508489 0 0 Vaughn Vance Vice President General Counsel 0 239273 0 23311 0 3510 0 24641 0 34160 0 324895 0 0 Dawn Witek Vice President of Finance & Accounting 0 167733 0 17168 0 3199 0 17494 0 33949 0 239543 0 0 Barbara Ruegseggar Corporate Secretary 0 118387 0 9938 0 1778 0 8524 0 30917 0 169543 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE PRESIDENT/CEO WAS COMPENSATED BY A RELATED ORGANIZATION, NEUGEN LLC, WHICH UTILIZED AN INDEPENDENT COMPENSATION TOOL, PAYFACTORS, TO PROVIDE BENCHMARK SALARY INFORMATION. THE BENCHMARK DATA CONSIDERED COMPARABLE ORGANIZATIONS AND OUR GEOGRAPHIC AREA. THE COMPENSATION WAS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF NEUGEN LLC, AND DOCUMENTED IN THE MINUTES. Form 990, Part VI, Line 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL The President/CEO was compensated by a related organization, NeuGen LLC, which UTILIZED AN INDEPENDENT COMPENSATION TOOL, PAYFACTORS, TO PROVIDE BENCHMARK SALARY INFORMATION. THE BENCHMARK DATA CONSIDERED COMPARABLE ORGANIZATIONS AND OUR GEOGRAPHIC AREA. The compensation was APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS of NeuGen LLC, AND DOCUMENTED IN THE MINUTES. THE MOST RECENT REVIEW OF COMPENSATION TOOK PLACE IN 2019. Form 990, Part VI, Line 15b PROCESS TO ESTABLISH COMPENSATION OF OTHER EMPLOYEES The officers of the organization were compensated by a related organization, NeuGen LLC. The compensation of all Vice Presidents was reviewed and approved by the Executive Committee of WEA Insurance Corporation in March. In addition, market adjustments were reviewed and approved by the Executive Committee in November. THE PROCESS was DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMMITTEE of NeuGen LLC. Salary information from comparable organizations within the geographic area was considered. THE MOST RECENT REVIEW OF COMPENSATION TOOK PLACE IN 2019. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee consists of three (3) or more directors. The Executive Committee has all of the authority of the Board of Directors in the management of the Corporation. Form 990, Part VI, Line 6 Classes of members or stockholders WEA Insurance Corporation is a wholly owned subsidiary of Wisconsin Education Association Insurance Trust. Wisconsin Education Association Trust is the sole shareholder. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body Wisconsin Education Association Insurance Trust elects all board members. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared by an external accounting firm. Any areas of concern are discussed and reviewed prior to filing. A complete copy of the Form 990 is provided to the entire board of directors prior to filing. Form 990, Part VI, Line 12c Conflict of interest policy Upon appointment, each member of the governing body and the officers of the organization are required to complete a written conflict of interest policy form verifying that they have no conflict of interest. Each year thereafter, this form is again completed to confirm there have been no changes in status. Form 990, Part VI, Line 19 Required documents available to the public WEA Insurance Corporation is regulated by the Office of the Commissioner of Insurance (OCI) of the state of Wisconsin. WEA is required to submit its governing documents, conflict of interest statements, and financial statements to the OCI. These documents then become a matter of public record. These documents are also available upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Unrealized Loss in Health Traditions Health Plan HMO - -1512449; Unrealized Gain in NeuGen Health - 26014; Dividend Paid to Parent - -500000; Wisconsin Education Association Insurance Trust 45 Nob Hill Rd Madison WI 53713 391142212 VEBA Trust WI 501(c)(9) NA false Altoona School District N/A Antigo Unified School District N/A Augusta School District N/A Barron Area School District N/A Big Foot Union High School N/A Bloomer School District N/A Boyceville Community School District N/A Buffalo County N/A Burlington Area School District N/A Cambria-Friesland School District N/A CESA 6 N/A Chippewa Falls City of N/A City of Shawano N/A Cochrane-Fountain City School District N/A Coleman School District N/A De Soto Area School District N/A Delavan-Darien School District N/A Drummond Area School District N/A Eau Claire County N/A Elkhorn Area School District N/A Fox Point-Bayside School District N/A Gale-Ettrick-Trempealeau School District N/A Germantown School District N/A Glendale-River Hills School District N/A Gresham School District N/A Health Conversion Plan N/A Hillsboro School District N/A Holy Hill Area School District N/A Inclusa Inc N/A Iola-Scandinavia School District N/A Kenosha School District N/A Lake Geneva Schools N/A Little Chute Area School District N/A Local N/A Mauston School District N/A Mayville School District N/A Menominee Indian School District N/A Mequon-Thiensville School District N/A Merrill Area School District N/A Mondovi School District N/A Mount Pleasant Village of N/A Neenah Joint School District N/A NeuGen LLC N/A New Holstein School District N/A New Lisbon School District N/A New London School District N/A New London City of N/A Nicolet Union High School N/A North Fond du Lac School District N/A North Shore Fire Department N/A Northern Ozaukee School District N/A Oakfield School District N/A Omro School District N/A Pepin Area School District N/A Port Washington-Saukville School District N/A Prairie du Chien School District N/A Randall Consolidated School District Jt 1 N/A Random Lake School District N/A Raymond School District #14 N/A Reedsburg School District N/A Reedsville School District N/A Ripon Area School District N/A Rosendale-Brandon School District N/A Royall School District N/A Rusk County N/A Seneca Area School District N/A Shawano School District N/A Sparta Area School District N/A St Francis City of N/A Stanley-Boyd Area School District N/A State N/A Superior School District N/A Sussex Village of N/A Thorp School District N/A Tomah Area School District N/A Trevor Wilmot Consolidated School District N/A Union Grove UHS School District N/A Village of Cameron N/A Wabeno Area School District N/A Waterford Graded School District Jt 1 N/A Waupaca School District N/A Waushara County N/A WEA Med Plus N/A WEA Property & Casualty Insurance Company N/A West Allis-West Milwaukee School District N/A West De Pere School District N/A West Salem School District N/A Westfield School District N/A Wheatland Center Jt 1 School District N/A Whitefish Bay School District N/A Whitefish Bay Village of N/A Wild Rose School District N/A Winneconne Community School District N/A Wisconsin Education Association Council N/A Wittenberg-Birnamwood School District N/A Wonewoc-Union Center School District N/A Health Tradition Health Plan 45 Nob Hill Road Madison WI 53713 391545987 Health Maintenance Organization WI WEA Insurance Corporation C Corporation 20791409 12375164 1 true NeuGen LLC 45 Nob Hill Rd Madison WI 53713 830949021 Shared Service Organization WI WEA Insurance Corporation C Corporation 45168292 3454353 1 true false false false false false false true false false false false true false true true true true false false NeuGen LLC G 518000 Fair Market Value NeuGen LLC L 5380000 Actual NeuGen LLC N 3302678 Allocation of Actual based on membership NeuGen LLC O 26792272 Allocation of Actual based on membership NeuGen LLC P 12251724 Allocation of Actual based on membership Health Tradition Health Plan Q 271000 Actual