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WEA Trust leaving Wisconsin market, laying off 110 employees - Vimarsana News

WEA Trust leaving Wisconsin market, laying off 110 employees

MADISON (WKOW) — WEA Trust and Health Tradition plan will no longer offer services in Wisconsin by the end of 2022.

Source: wkow.com
Detailed text transcripts for TV channel - FOXNEWS - 20120313:11:18:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120313:11:18:00

But clearly not to their everyday practice. >> so now, unions are limited to bargaining only over their salary, is that right? >> that's correct. so what's happened and we get into this in the report is the union has what's called wea trust, it's pet health insurance company and what would happen is they would bargain that at the collective bargaining table in the contract process and then funds would be utilized by the union in order to do the bargaining process in those sorts of things. now, what can happen is the school district doesn't have to negotiate that at the table. and so they can g...

Detailed text transcripts for TV channel - FOXNEWS - 20110302:06:17:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110302:06:17:00

Join together to bargain in order to ask for less. you join together to bargain, you collectively bargain to ask for more. collective bargaining is a huge cost driver. in addition to the 5.8% pension contribution and 12.6% health care contribution, we need that k piece to make our fiscal puzzle work. >> greta: he said he's going to collective bargain as to salary. are there other aspects which drive the costs up? >> absolutely. for example, through collective bargaining, there are a lot of teachers in the state that are forced on to a teachers union health plan call the wea trust. it costs tax...

Detailed text transcripts for TV channel - FOXNEWS - 20110302:03:17:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110302:03:17:00

Join together to bargain in order to ask for less. you join together to bargain, you collectively bargain to ask for more. collective bargaining is a huge cost driver. in addition to the 5.8% pension contribution and 12.6% health care contribution, we need that k piece to make our fiscal puzzle work. >> greta: he said he's going to collective bargain as to salary. are there other aspects which drive the costs up? >> absolutely. for example, through collective bargaining, there are a lot of teachers in the state that are forced on to a teachers union health plan call the wea trust. it costs tax...