1. 2018 Eastern Region Conference
Omni La Costa Resort & Spa
Carlsbad, California
April 18, 2018

3. 2017 Plan Highlights

4. Individuals participating
571,505
Individuals participating
in the NEBF.
*preliminary estimate

5. 143,450 Retirees or surviving spouses receiving monthly benefits.
*preliminary estimate

6. Net assets available for benefits
$14.2 billion*.
Net assets available for benefits
*preliminary estimate
*preliminary estimate

7. 12.5 percent*
Investment return
*preliminary estimate

8. worked in covered employment
506 million hours*
worked in covered employment
*preliminary estimate
*preliminary estimate

9. In employer contributions.
$579 million*
In employer contributions.
*preliminary estimate

10. Pension Protection Act (PPA)
2017
82.96 percent
funded to all
accrued benefits
“Green Zone”

11. Pension Protection Act (PPA)
2017
88.0 percent
funded to
all vested benefits
“Green Zone”

12. Participation Agreements
Types

16. Working Owners

17. Collective Bargaining Agreement
3% gross pay OR
Cap

18. Participation Agreement3%
“capped” wages 3%
actual wages OR

19. Extension of the Return to Trade Amendment for calendar year 2018.
NEBF Initiatives
Extension of the Return to Trade Amendment for calendar year 2018.

20. NEBF Initiatives
NEBF
Online Benefits

21. 2017 Plan Highlights

22. Total NEAP Participants as of December 31, 2017
110,780
Total NEAP Participants as of December 31, 2017

23. $7.6 billion*
Net assets available for benefits
*preliminary estimate

24. 10.9 percent*
The investment return
*preliminary estimate

25. $535 million*
Total contributions
*preliminary estimate

26. $258 million*
Total payments
*preliminary estimate

27. 2017 Life Stage Funds’
Performance

28. 14.34%

29. 12.85%

30. 11.2%

31. 8.71%

32. 6.42%

33. NEAP Initiatives
Quarterly statements
available online.

35. Spending 2x more than any other country on healthcare.

36. More Rx drugs than the entire world.

37. U. S. Surgeon General
“Sickest generation ever.”

38. Teaming Up to Provide Affordable Healthcare

39. Over 95,000 members

40. Participating IBEW Local Unions and their related NECA Chapters.
FMCP Represents
173
Participating IBEW Local Unions and their related NECA Chapters.

41. FMCP Represents
366
Single employers or related organizations have signed participation agreements
to join the FMCP.

42. FMCP Represents
133
New groups that have
joined the FMCP since 2011.

43. FMCP Represents

44. FMCP Offers 5 Plans Plan 14 Plan 15 Plan 16 Plan 17 Plan 18
Multiple benefit schedules available including medical, prescription, dental, vision, disability insurance
and life insurance.
Plan 16
Plan 17
Plan 18
FMCP also offers a Health Reimbursement Account (HRA).

45. Average Annual Increase
4.9%

46. FMCP Service Providers

47. FMCP Service Providers

48. FMCP Service Providers

49. FMCP Service Providers

50. FMCP Service Providers

51. Our Vision . . .
To become the best healthcare plan available by providing an increasingly cost-effective, service driven and, innovatively managed plan.

52. January 2018

53. UM - CM

54. AIM Program

55. New Claims Processing System

56. Member Engagement

57. Please Visit Our Websites