I checked out the WEA Trust website to see how it was organized. It's a dearth of information. It doesn't even say what kind of trust it is or who the beneficiaries of the trust are. It does say that a bunch of people who know nothing about insurance, trusts, or finances run it though.
Our organization
Created by the Wisconsin Education Association Council (WEAC) and headquartered in Madison, Wisconsin, the Trust is a not-for-profit organization dedicated to the health and financial security of Wisconsin public school employees and their families. A Board of Trustees—all current or retired public school employees—oversees Trust operations and serves without financial compensation. As educators, they understand the needs of public school employees, and are able to use that knowledge to ensure that Trust members get high quality and great value in their insurance.
What we offer
The Trust offers health, dental, life, long term disability, short term disability, and long term care insurance plans. These plans are available to members through bargaining between their local union and their employer. These comprehensive benefits are backed by unparalleled customer service.
More people should be skeptical about a union forcing business to the WEA and then passing the bill on to the state. Instead they speculate that coverage is less and costs more. I would think the liberal media would be all over that if it were in fact true. Time will tell I guess.
Big win for the state education budget though. Maybe now the kids can get some new textbooks.