Bombshell, not reported by the “mainstream” media.
The Wisconsin Teacher Union owns it’s own Health Insurance Company. 64% of all Wisconsin school district carry the WEA owned health insurance. WEA Health insurance is much more expensive than the major health insurance companies. For a full detailed report click here.
Dozens of Wisconsin School Districts have escaped from the WEA insurance and are now saving hundreds of thousands of dollars a year.
While the WEA is a registered non-profit with the government, it is raking in huge amounts of money.
At the end of 2008, WEA Trust reported total assets of $674,131,940. It’s reported net assets
(total assets minus liabilities) were $316,837,155, a 15.1 percent increase from 2007. (11)
WEA Trust’s top employees certainly make out well, by anyone’s measure. The company’s CEO, Fred Evart, made $333,375 in salary in 2007, with a total compensation package of $469,522, according to tax records filed by the company. Eleven employees under Evart received total compensation packages worth at least $181,792.
- How much do Wisconsin teachers make?
- GEICO cancels auto insurance because policy holder makes gun parts for a living!
- AP: White House lied, still lying, about Health Care bill.
- No Health Insurance? Face Fines
- Over one third of all US "wages" are Social Security and Welfare.
- 56 Government employees arrested in Florida drug ring.
- We are seeing a Greek style public sector collapse.
- Army of Federal employees living large on your tax dollars.
- India cheers Obamacare.
- Will SPLC return Madoff money?
- Bracing for Obamageddon: Obama continues with plans for largest tax hike in US history in 2011.
- Sandra the Slut: Make employers pay for sex changes.