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Posted on 02/21/2011 11:29:17 AM PST by sbMKE
Here are a few simple, startling facts for anyone concerned about the financial condition of Wisconsin public schools:
WEA Trust, an insurance company established and closely associated with the Wisconsin Education Association Council (WEAC), siphons millions of crucial dollars from K-12 schools and their students every year.
WEA Trust has grown very fat on public school dollars, with a net worth of $316 million and a team of 12 administrators all receiving compensation packages worth six figures per year.
Sadly, this insurance swindle is endorsed by state law. We at Education Action Group believe it’s time for the citizens of Wisconsin to demand that their school boards be allowed to freely shop for less expensive employee health insurance.
That’s particularly important in the current economic environment, when schools have been forced to lay off teachers, curtail student programs, privatize services and, in some districts, seek permission from voters to exceed their local revenue caps.
The problem is state law, which makes the identity of a school district’s employee health insurance carrier a topic of collective bargaining. That means school boards and local school employee unions must agree on the insurance company that will provide health coverage.
So most unions have traditionally come to the negotiating table demanding expensive WEA Trust insurance coverage, and the strategy has been effective. About 64 percent of Wisconsin’s 426 districts carry WEA Trust insurance, despite its prohibitive costs.
Why do union employees demand WEA Trust coverage?
WEA Trust offers what is commonly known as the “Cadillac” of school employee health coverage. It earned that moniker for two very good reasons - the health coverage is very thorough, and the cost to local school districts is very high.
WEAC pressures its local union officials to stick with WEA Trust. One district administrator told us about a meeting where everyone present, including union employees, agreed that a non-WEA health plan would be better for the district. He said state WEAC representatives were present and argued in favor of WEA Trust, just because it’s the union’s insurance brand.
IIRC, on MORE than one FR thread, it is owned by Soros (his bro runs it??).
Progressive is publicly traded on the NYSE
symbol: PGR
A case for law enforcement.
IRS TOLL-FREE 1-800-829-0433---- (you may remain anonymous)
FBI TIP PAGE http://tips.fbi.gov/ (you may remain anonymous)
EMAIL enforcement@SEC.gov
Here is an FR thread describing Peter Lewis and George Soros’ “relationship”.
http://www.freerepublic.com/focus/f-news/1375232/posts
Windfall profits, or stealing taxpayer capital for keeping the Democrats, thus the Unions in control.
Ah-HA! Now it becomes oh so clear!
Why wasn’t this publicized sooner? It’s not like it would be a secret!!
So...how many of the unions are on the Obamacare Waiver Lists along with their “insurance companies?”
Is anyone actually surprised by this sort of conduct any more?
More fraud associated with the Wisconsin teachers?
Imagine that....
“...fot = for...”
-
Like nobody could figure that out...
Whoa! Good idea for a sign.
You're fired!...We want our money back!
WOW!!!!
Just read the whole thing. Just damn....
Thanks a ton for posting this; it’s very important to understanding what’s going on in Madision.
I read the whole report earlier today - I can’t believe this is not front page expose type news.
Furthermore, as I learned on Rush over the noon hour, the head of AFSCME (the public sector union) makes $450,000 per year. I wonder if members of his union know that?”
Does that include benefits, also? Or is that raw gross salary.
The Wisconsin voters are awakening other states that there are probably other incestuous relationships between their school unions & the insurance coverage they have.
Perhaps for other state workers unions, also.
Since this is called a “Cadillac Plan” I wonder if it falls under the extra punishment NObama built into the NObama HELLTH Care plan????
A bump and repeat for your reply:
“Wisconsin Teachers Union owns health insurance company - collectively bargained for is just another example of how tax payers are $crewed by teachers, their unions and union thugs for the “children”!
A case for law enforcement.
IRS TOLL-FREE 1-800-829-0433—— (you may remain anonymous)
FBI TIP PAGE http://tips.fbi.gov/ (you may remain anonymous)
EMAIL enforcement@SEC.gov
“I wonder if it falls under the extra punishment NObama built into the NObama HELLTH Care plan????”
they probably have bought their “exemption”...
IRS TOLL-FREE 1-800-829-0433----you may remain anonymous.
EMAIL USDOJ Tax fraud office.......OAAG.Tax@tax.USDOJ.gov
FBI TIP PAGE http://tips.fbi.gov/ (you may remain anonymous)
Report US Postal Fraud: suspected mail theft, identity theft, postage or other mail fraud, or false change of address.
EMAIL PAGE https://postalinspectors.USPIS.gov
=============================================
Other crimes might include:
Title 18 U.S.C. §1341, Mail Fraud,
18 U.S.C.§1001, Presenting a False Document to the an Agent of the United States Government;
18 U.S.C.§1027 False statements and concealment of facts in relation to documents required by the Employee Retirement Income Security Act of 1974 and other possible offenses including civil and/or criminal RICO violations.
18 U.S.C. §§1961-68 (RICO Act)18 U.S.C. §1001 (False Statementsto Agents of the U.S. Government),
18 U.S.C. §1341 (Mail Fraud),18 U.S.C. §1027 (ERISAViolations), and,
18 U.S.C. §241(Conspiracy Against Civil Rights).
Full investigations of a RICO conspiracy under 18 U.S.C. §1962(c) might be warranted because (1) the defendant persons (2) were employed by or associated with an enterprise (3) that engaged in or affected interstate commerce and that (4) the defendant persons operated or managed the enterprise (5) through a pattern (6) of racketeering activity, and (7) the complaints were injured in its business or property by reason of the pattern of racketeering activity.
Complainants might allege a violation of Title 18 U.S.C. §241 – Conspiracy Against Constitutional Rights – which prohibits in relevant part, “two or more persons (from conspiring) to injure, oppress, threaten, or intimidate any person in any State, Territory, Commonwealth, Possession, or District in the free exercise or enjoyment of any right or privilege secured to him by the Constitution or laws of the United States, or because of his having so exercised the same . . .” See, 18 U.S.C. §241.
bttt
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