Cna Employees Health Plan

Overview

The Cna Employees Health Plan is a nonprofit organization classified as a Voluntary Employees' Beneficiary Association (VEBA), operating under Section 501(c)(9) of the Internal Revenue Code. It is designed to provide health benefits to its members.

Organizational Structure

As a voluntary employees' beneficiary association, the Cna Employees Health Plan focuses on managing health-related benefits for its members. This structure allows the organization to maintain financial operations independently, managing revenues and expenses related to health benefits provision.

Financial Operations

The organization's financial activities are significant, with reported revenues and expenses typically in the tens of millions of dollars. For example, the total revenue has been noted around $82.3 million, with expenses of a similar magnitude, indicating a balanced operational budget. The organization holds assets valued over $12 million, with liabilities of approximately $5.85 million[2].

Mission and Purpose

While specific details about the mission and purpose are not provided, the primary goal of the Cna Employees Health Plan is to ensure the health and well-being of its members through comprehensive benefit plans. This aligns with the broader financial and wellness support offered by VEBA organizations.

Relationship with CNA Corporation

It is worth noting that this health plan is not directly detailed under the CNA Corporation benefits page, which highlights a separate set of employee benefits including health insurance, wellness programs, and various other perks[3]. However, the Cna Employees Health Plan operates as a standalone entity, with its own financial and operational framework.