2023-11-07T13:30:11+00:00 2022-12-31 350921680 CROWE LLP 9600 Brownsboro Road Suite 400 Louisville KY 402413902 990 2022-01-01 391519322 WEA Insurance Corporation WEAI 8002794000 45 Nob Hill Road Madison WI 537133959 DAWN WITEK VP OF FINANCE AND ACCOUNTING 6082764000 2023-11-07 true Vaughn Vance 999009999 RACHEL SPURLOCK P00520729 5023263996 2022 2023-04-26 12:10:37Z Vaughn Vance 45 Nob Hill Road Madison WI 537133959 1732221000 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. 12 11 0 0 0 0 0 0 651269406 557954613 40670396 21890726 250788 25850 692190590 579871189 0 0 670130172 564982903 0 60 0 0 0 64932363 51666130 735062535 616649093 -42871945 -36777904 792635009 600975134 610581085 564318799 182053924 36656335 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 33,400 health participants, 6,800 life participants, 150 long-term disability participants, 2,300 vision participants, and 8,000 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 5857 0 true 0 false false false false false false false false X 12 11 false false false false true true false true true false false true true true true true true false false false X Sue Moran 8002794000 45 Nob Hill Road Madison WI 53713 Amy Johnson Board Member 2.3 3.1 X 0 6806 0 Andrew Staab Board Member 2.0 2.8 X 0 6250 0 Carol Kettner Board Member 2.1 3.0 X 0 5450 0 Daniel Weidner Board Member 1.8 1.8 X 0 3025 0 Gina Dennik-Champion Board Member 0.5 0.6 X 0 1950 0 Heather Mielke Board Member, Secretary/Treasurer 2.5 3.7 X 0 7534 0 Margaret Guertler Board Member, Vice Chair 2.5 3.7 X 0 9007 0 Mary Theisen Board Member, Chair 3.3 5.0 X 0 11718 0 Mike Halloran Board Member 2.0 2.8 X 0 6600 0 Peggy Wirtz Olsen Board Member 1.8 1.8 X 0 2650 0 Sarah Kruger Board Member 2.0 2.6 X 0 5700 0 Shelly Krajacic Board Member 1.5 2.5 X 0 5250 0 Barbara Ruegseggar Corporate Secretary 10.0 30.0 X 0 149314 41020 Bonni Fredrick Vice President General Counsel 10.0 30.0 X 0 229237 50024 Dawn Witek Vice President of Finance & Accounting 10.0 30.0 X 0 213699 52709 Theresa Lowe Chief Operating Officer 10.0 30.0 X 0 261050 54089 Vaughn Vance President & CEO 10.0 30.0 X 0 369128 67158 Michael Quist Former CEO 1.5 4.5 X 0 355846 17353 0 1650214 282353 0 true true false Interlink Care Management 4660 NE Belknap Ct Suite 209 Hillsboro OR 97124 Medical Case Management 1273670 MedImpact Healthcare System 10181 Scripps Gateway Ct San Diego CA 92131 Pharmacy Administration 1219180 WISCONSIN INSURANCE SECURITY FUND 2820 Walton Commons Ln 135 Madison WI 53718 Insurance Services 1120397 OCCUNET LLC 1800 SWashington Street Ste 300 Amarillo TX 79102 Medical Claims Services 1034649 OptumHealth Care Solutions 11000 Optum Circle MN101-W-400 Eden Prairie MN 55344 Bill Audit Services 900417 25 0 Contributions Earned 524114 557954613 557954613 0 0 0 0 557954613 14583528 14583528 0 0 1159657009 1152349811 7307198 0 7307198 7307198 Dental Plan Commissions 900099 17272 17272 Other Income 900099 8578 8578 0 0 0 0 25850 579871189 557980463 0 21890726 564982903 60 26749 187848 47250 2283267 9617931 8628 1108354 1875196 9152 Management Fees 35186442 Change in LAE Reserves 210858 HIRSP Assessment 222126 Insurance Dept Licenses & Fees 849267 33062 616649093 12737340 11070591 41148210 66412305 978205 9936280 0 0 0 0 61360 321182 0 0 0 0 698377033 487684951 0 19482962 14587668 19849899 10962157 792635009 600975134 17971444 17818176 15711758 149912 0 0 576897883 546350711 610581085 564318799 X 2000000 2000000 180053924 34656335 182053924 36656335 792635009 600975134 X -36777904 -103724392 -4895293 X false true X true false Benefits Payable 514532092 Payable for Securities 31818619 Payable to affiliates 546350711 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, 2022 AND 2021. 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, 2022 AND 2021, THE COMPANIES DID NOT RECORD ANY PENALTIES OR INTEREST ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS. false false false Michael Quist Former CEO 0 64851 0 0 0 290995 0 11867 0 5486 0 373199 0 0 Bonni Fredrick Vice President General Counsel 0 198506 0 0 0 30731 0 20657 0 29367 0 279261 0 0 Theresa Lowe Chief Operating Officer 0 229411 0 0 0 31639 0 21305 0 32784 0 315139 0 0 Barbara Ruegseggar Corporate Secretary 0 140308 0 6500 0 2506 0 14414 0 26606 0 190334 0 0 Vaughn Vance President & CEO 0 364323 0 0 0 4805 0 30097 0 37061 0 436286 0 0 Dawn Witek Vice President of Finance & Accounting 0 202507 0 6500 0 4692 0 21102 0 31607 0 266408 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 2022. 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 NeuGen, LLC 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 2022. 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 - -5125516; Unrealized Gain in NeuGen Health - 230223; Wisconsin Education Association Insurance Trust 45 Nob Hill Rd Madison WI 53713 391142212 VEBA Trust WI 501(c)(9) NA false Health Tradition Health Plan 45 Nob Hill Road Madison WI 53713 391545987 Health Maintenance Organization WI WEA Insurance Corporation C Corporation 39269141 21663732 1 true NeuGen LLC 45 Nob Hill Rd Madison WI 53713 830949021 Shared Service Organization WI WEA Insurance Corporation C Corporation 23165 16624411 1 true false false false false false false false false false false false true false true true true true false false NeuGen LLC L 4678000 Actual NeuGen LLC N 2635419 Allocation of Actual based on membership NeuGen LLC O 23461963 Allocation of Actual based on membership NeuGen LLC P 9089061 Allocation of Actual based on membership Health Tradition Health Plan Inc Q 512056 Actual