UAW RETIREE MEDICAL BENEFITS TR

As filed

Subsection

09

NTEE code

Y43

Classification

1000

Street

PO BOX 14306

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• THE TRUST IS GOVERNED BY AN 11-PERSON COMMITTEE COMPRISED OF SIX INDEPENDENT MEMBERS AND FIVE MEMBERS APPOINTED BY THE UAW. ADDITIONAL SUBCOMMITTEES EXIST FOR PLAN ADMINISTRATION, INVESTMENT, AND AUDIT. ALL COMMITTEE MEMBERS AND TRUST STAFF ADHERE TO A STRICT CODE OF ETHICS. THE PURPOSE OF THE TRUST IS TO SERVE AS A SOURCE FOR RETIREE HEALTHCARE COVERAGE FOR ITS MEMBERS. SEPARATE TRUST ACCOUNTS ARE MAINTAINED FOR EACH AUTO PLAN (GM, FORD, AND CHRYSLER) FROM WHICH BENEFITS ARE PAID. WHEN THE TRUST LAUNCHED IN JANUARY 2010, IT BECAME THE LARGEST NON-GOVERNMENTAL PURCHASER OF RETIREE HEALTHCARE IN THE UNITED STATES, PROVIDING HEALTHCARE BENEFITS TO MORE THAN 860,000 PEOPLE. IN 2024, THE TRUST PROVIDED COVERAGE FOR OVER 535,000 MEMBERS. THE TRUST CONTINUES TO SERVE ITS MISSION OF PROVIDING HEALTHCARE BENEFITS TO RETIREES AND REVIEWS THE BENEFIT DESIGN EACH YEAR TO MAKE ANY ADJUSTMENTS NECESSARY. IN 2024, THE TRUST PAID APPROXIMATELY $3.3 BILLION PROVIDING HEALTHCARE FOR ITS RETIREES AND DEPENDENTS, INCLUDING FILLING NEARLY 15.5 MILLION PRESCRIPTIONS FOR MEMBERS DURING THE PLAN YEAR. SINCE ITS LAUNCH, THE TRUST HAS MADE GREAT STRIDES IN FINDING WAYS TO CONTROL COSTS, WHILE IMPROVING HEALTHCARE BENEFITS. FOR 2024, THE TRUST WAS PLEASED TO LOWER MEDICAL DEDUCTIBLES, COPAYS FOR PRIMARY CARE PHYSICIAN (PCP) AND SPECIALIST OFFICE VISITS AND URGENT CARE, AS WELL AS TIER 1 AND 2 PRESCRIPTION DRUG COPAYS. ADDITIONALLY, THE TRUST ELIMINATED IN-NETWORK COINSURANCE FOR ITS MEDICAL PLANS, ADDED COVERAGE FOR DENTAL IMPLANTS, AND ADDED COVERAGE FOR PCP AND SPECIALIST OFFICE VISITS FOR MEMBERS IN THE BLUE CROSS TRADITIONAL CARE NETWORK (TCN) PLAN. FOR 2024, THE ANNUAL ALLOWANCE FOR THE OVER-THE-COUNTER (OTC) BENEFIT WAS INCREASED TO $200 PER MEMBER. THE BENEFIT WAS EXPANDED AS AN OFFERING TO ALL TRUST MEMBERS REGARDLESS OF THEIR HEALTHPLAN. THE OTC BENEFIT ALSO WAS ENHANCED IN 2024 TO INCLUDE THE OPTION FOR MEMBERS TO PURCHASE APPROVED HEALTH AND WELLNESS PRODUCTS AT THOUSANDS OF RETAILERS WHO PARTICIPATE IN THE OTC NETWORK. THE TRUST MEMBERSHIP IS GEOGRAPHICALLY AND DEMOGRAPHICALLY DIVERSE. THE TRUST MAINTAINS ROBUST COMMUNICATION WITH MEMBERSHIP IN ORDER TO OPERATE IN A TRANSPARENT FASHION. THE GOAL IS TO KEEP BENEFICIARIES INFORMED ON THE TRUST ACTIVITIES, AS WELL AS THE BENEFITS PROVIDED BY THE TRUST. THE TRUST AND CARRIERS SENT A SERIES OF COMMUNICATIONS TO MEMBERS REGARDING 2024 AND 2025 ENROLLMENT AND PLAN OFFERINGS. RETIREE HEALTH CARE CONNECT, THE CALL CENTER FOR TRUST MEMBERS, HANDLED MORE THAN 250,000 CALLS, FROM MEMBERS AND UNION BENEFIT REPRESENTATIVES, IN 2024. A SERIES OF PRINTED MAILINGS WERE DISTRIBUTED BY THE TRUST TO MORE THAN 370,000 CONTRACT-HOLDER PARTICIPANTS IN 2024. ADDITIONAL MAILINGS THROUGHOUT THE YEAR UPDATED THE TRUST MEMBERSHIP ON BENEFIT CHANGES AND INFORMATION REGARDING THE TRUST'S FINANCIAL POSITION. TRUST PARTNERS ALSO COMMUNICATED DIRECTLY WITH MEMBERS, ON BEHALF OF THE TRUST, REGARDING BENEFITS, PREVENTION, CHRONIC CONDITIONS AND DISEASE MANAGEMENT WHERE APPROPRIATE. ADDITIONALLY, MEMBERS WITH SPECIFIC GAPS IN CARE WERE SENT COMMUNICATIONS ENCOURAGING THEM TO TAKE PREVENTIVE MEASURES TO MANAGE THEIR CONDITION(S), IMPROVE THEIR HEALTH STATUS, AND ENGAGE WITH THEIR PRIMARY CARE PHYSICIAN. THE TRUST CONTINUES TO LEVERAGE COMMUNICATION FORMATS TO COMPLEMENT MAILINGS, INCLUDING THE TRUST-BRANDED WEBSITE (WWW.UAWTRUST.ORG) AND VIDEOS. BECAUSE OF ITS PAST SUCCESS, THE TEAM ALSO HELD VIRTUAL SESSIONS-VIA ZOOM AND DIAL-IN CALLS-TO INFORM MEMBERS OF THE ENHANCEMENTS OF THE TRUST OTC BENEFIT IN JANUARY 2024. THE TEAM HOSTED 17 SESSIONS LISTENED TO BY NEARLY 4,200 MEMBERS. THE TRUST ALSO HOSTED WEBINARS FOR ANNUAL BENEFIT CHANGES IN AUGUST 2024. THE TEAM HOSTED 16 SESSIONS LISTENED TO BY NEARLY 4,200 MEMBERS. FOR THE ANNUAL BENEFIT CHANGE SEASON, THE MEMBER EXPERIENCE TEAM TRAVELED TO IN-PERSON RETIREE MEETINGS. THE TEAM ATTENDED A TOTAL OF 195 RETIREE MEETINGS IN THE FALL OF 2024.

  Revenue $450,501,922

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $3,497,349,318

  Expenses

  $3,295,258,214

  Contributions

  $0

  Grants paid

  $0

• 2023

  Revenue

  $2,584,345,827

  Expenses

  $2,947,780,585

  Contributions

  $0

  Grants paid

  $0

• 2022

  Revenue

  $2,003,354,514

  Expenses

  $3,970,593,216

  Contributions

  $0

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $7,623,360,760

  Expenses

  $3,893,460,826

  Assets (EOY)

  $72,208,550,274

• 2020 · 990

  Revenue

  $4,054,729,775

  Expenses

  $3,841,952,815

  Assets (EOY)

  $68,954,754,739

• 2019 · 990

  Revenue

  $6,451,038,370

  Expenses

  $3,788,885,826

  Assets (EOY)

  $64,025,740,006

• 2018 · 990

  Revenue

  $5,050,881,621

  Expenses

  $3,874,558,499

  Assets (EOY)

  $60,352,981,832

• 2017 · 990

  Revenue

  $4,291,662,697

  Expenses

  $4,202,813,263

  Assets (EOY)

  $63,225,855,634

• 2017 · 990

  Revenue

  $4,291,662,697

  Expenses

  $4,202,813,263

  Assets (EOY)

  $63,225,855,634

• 2016 · 990

  Revenue

  $2,621,279,561

  Expenses

  $4,461,029,283

  Assets (EOY)

  $58,966,480,912

• 2015 · 990

  Revenue

  $3,178,795,190

  Expenses

  $4,500,095,279

  Assets (EOY)

  $58,738,424,338

• 2014 · 990

  Revenue

  $9,890,722,789

  Expenses

  $4,309,105,409

  Assets (EOY)

  $62,942,250,299

• 2013 · 990

  Revenue

  $3,750,577,091

  Expenses

  $4,209,766,539

  Assets (EOY)

  $63,171,450,694

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files