Overview
What is Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan?
The Trust Agreement for the Ohio Farmers Insurance Company Group Health Benefit Plan is a nonprofit organization dedicated to providing health benefits to participants and their dependents. Based in Westfield Center, Ohio, they offer a range of coverage including hospitalization, major medical, dental, prescription drug, and various other health care benefits. The organization also provides employee assistance programs and retiree health and life plans. Through these initiatives, the Trust Agreement aims to maintain and deliver comprehensive health benefits to ensure the wellbeing of its members.
Official website here: www.westfieldinsurance.com
Is Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan legitimate?
Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.westfieldinsurance.com
What is the mission statement of Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan?
The Trust Agreement for the Ohio Farmers Insurance Company Group Health Benefit Plan is committed to providing and maintaining health benefits to participants and their dependents. These benefits encompass various aspects of healthcare such as hospitalization, medical, surgical, major medical, dental, prescription drug, and other health care services. The agreement also offers employee assistance programs and retirement health and life plans. The primary goal is to ensure that participants have access to essential health benefits to improve and maintain their overall well-being.
Official website here: www.westfieldinsurance.com
Who is the CEO of Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan?
Joseph C Kohmann is the Bac Member of Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan.
Official website here: www.westfieldinsurance.com
What is the revenue of Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan?
Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan's revenue in 2022 was $36,980,993.
Official website here: www.westfieldinsurance.com
Who are the executives of Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.westfieldinsurance.com
Where can I find the form 990 for Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan?
Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.westfieldinsurance.com
Learn more at the official website: www.westfieldinsurance.com
Mission Statement of Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan
The Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan is dedicated to supplying health benefits to its participants. This nonprofit organization aims to maintain and provide a range of health benefits, including coverage for hospitalization, medical, surgical, major medical, dental, prescription drug, and other healthcare benefits. These benefits extend to not only the participants but also their dependents.
Additionally, the Trust Agreement offers employee assistance programs and retirement health and life plans. The health benefits include paid claims or premiums for active employees, retirees, and beneficiaries. The organization's mission is to ensure the well-being of its members by providing them with essential healthcare services and plans. By offering these comprehensive benefits, the Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan strives to improve the overall health and quality of life for its participants.
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Impact
October, 2024
The Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan has a significant impact on the health and well-being of its participants, which include active employees, retirees, and their beneficiaries. By providing access to a comprehensive array of health benefits—including hospitalization, major medical coverage, dental care, and prescription drugs—it plays a crucial role in safeguarding the health of community members in Westfield Center, OH.
This plan ensures that participants can receive necessary medical services without the overwhelming financial burden that often accompanies healthcare costs. By covering claims related to medical, dental, vision, and life insurance, it directly contributes to the financial security of families, promoting overall well-being. Additionally, the inclusion of employee assistance programs further supports mental health and wellness, creating a holistic approach to health benefits.
Retirees also benefit from the plan, which includes provisions for health and life insurance, ensuring that they receive continued support in their post-employment years. This fosters a sense of security and peace of mind, knowing that they have access to essential healthcare services.
In summary, the Trust Agreement significantly enhances health benefits for participants, contributing to better health outcomes and reducing financial stress associated with healthcare needs. Its comprehensive approach underscores the importance of accessible health services and supports the overall resilience of individuals and families within the community.
This information is meant to be a general summary of Trust Agreement For The Ohio Farmers Insurance Company Group Health Benefit Plan. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $615,821
- Program Service Revenue: $36,365,172
- Gross Receipts: $38,068,974
Assets and Liabilities:
- Total Assets: $10,677,827
- Total Liabilities: $9,545,564
- Net Assets: $1,132,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$26,005,173
EMPLOYEE CONTRIBUTIONS
Revenue
$10,498,999
RESERVE - UNPAID CLAIMS
Revenue
-$139,000
Organization Details
Founding Year
1996
Phone
(330) 887-0461Principal Officer
Joseph C Kohmann
Main Address
PO Box 5001, Westfield Center, OH, 44251
Website
www.westfieldinsurance.comNTEE Category
Code: Y34 - Mutual benefit
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