Health plan & appeal guide

Yaskawa America, Inc.

Waukegan, IL · Form 5500 filing, plan year 2024

Both kinds Medical, Dental and Vision Plan for Employees of Yaskawa Electric America, Inc. · 782 people · judged with 1 other filing

This employer has both kinds of coverage. The company on your insurance card decides which rules apply to you.

How we know · medium confidence
  • This employer files 2 health plans for this group; we judged them together.
  1. Medical, Dental and Vision Plan for Employees of Yaskawa Electric America, Inc. · 782 people · Both kinds

    • The filing says benefits are paid from the employer's general assets.
    • Medical insurance bought from UnitedHealthcare is on file, covering about 42 people.
    • Medical insurance is on file, but the plan also pays benefits from the employer's own money, so some options are likely self-funded.
    • The insured options cover only about 5% of the 782 participants, so most people in this plan are in the self-funded part.
  2. Yaskawa America, Inc. Motoman Robotics Division Health Care Plan · 392 people · Self-funded · federal rules

    • The filing says benefits are paid from the employer's general assets.
    • No medical insurance contract is on file (Schedule A).

Not counted

  • Life, Disability and Dental Plan for Employees of Yaskawa Electric America, Inc. (932 people): Its insurance contracts (Schedule A) are for life, other (such as disability) cover, none of it medical, and this employer files its medical plan separately.
  • Yaskawa America, Inc. Motoman Robotics Division Insured Welfare Plan (459 people): Its insurance contracts (Schedule A) are for life, vision, other (such as disability) cover, none of it medical, and this employer files its medical plan separately.

Double-check in 30 seconds: “Self-funded”, “administered by” or “ASO” on your card or plan summary means self-funded. “Insured by” or “underwritten by” means insured.

  1. Which company is on your insurance card?

    It’s printed on the front of the card. The filing shows which companies sell insured options here and which ones run the self-funded plan.

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