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Nonprofit Overview
Causes: Voluntary Employees Beneficiary Associations (Government)
Mission: To provide participants and their dependents with post-employment medical benefits not provided by medicare or any other medical insurance contract or plan.
Programs: This trust holds the assets of the county of riverside, california voluntary employees' beneficiary association post-employment health savings plan. The plan is a defined contribution, health and welfare benefit plan commonly referred to as a health reimbursement arrangement plan. The plan is designed to be a tax-free account for participants to pay post-employment medical benefits not provided by social security, medicare, or any other medical insurance contract or plan. The payments or reimbursements may not be made for items paid or payable by any other insurance contract or plan, or for expenses that are deducted by the participant under any other insurance contract or plan. The aforementioned expenses must be expenses of the participants, the spouses of the participants and/or the dependents of the participants.