Pacific Maritime Association

S T A T I S T I C A L I N F O R M A T I O N COSTS OF WELFARE BENEFITS PAID CATEGORIZED BY TYPE OF BENEFIT for plan Year ended June 30: 2018 2017 2016 2015 2014 2013 Health Maintenance Organizations Hospital, medical, surgery, vision and prescription drugs $ 117,915,071 $ 123,695,514 $ 110,693,406 $ 100,037,623 $ 103,203,300 $ 95,250,736 PPO and indemnity Plan Hospital, medical, surgical $ 331,910,684 $ 301,254,744 $ 291,610,614 $ 286,536,469 $ 296,053,267 $ 312,549,509 Prescription drug program 138,008,660 160,583,322 212,612,674 125,335,301 108,973,503 89,436,323 Vision service plan 7,402,889 7,317,858 6,775,156 6,408,181 5,681,729 5,688,220 Vision supplement (frames, contacts) – – – – – – Diabetic durable equipment – – – – – 329 Subtotal $ 477,322,233 $ 469,155,924 $ 510,998,444 $ 418,279,951 $ 410,708,499 $ 407,674,381 Medicare Part B Reimbursements Medicare premiums reimbursements $ 14,771,772 $ 12,995,647 $ 12,440,335 $ 12,302,262 $ 12,251,891 $ 12,051,071 Dental Programs: HMO and PPO Participants Dental services - adults $ 40,766,514 $ 39,619,096 $ 40,445,969 $ 36,674,976 $ 36,194,160 $ 33,304,028 Dental services - children 10,425,968 9,564,668 11,080,053 10,026,853 10,499,601 9,727,268 Subtotal 51,192,482 49,183,764 $ 51,526,022 $ 46,701,829 $ 46,693,761 $ 43,031,296 Other Programs for eligible Participants Life insurance, AD&D $ 4,704,263 $ 4,644,910 $ 3,819,313 $ 5,407,570 $ 4,632,798 $ 4,415,021 Chiropractic 7,632,640 7,739,521 5,499,171 5,008,673 6,247,573 5,904,988 Social security supplement 574,363 432,734 378,946 577,810 631,575 585,136 Alcoholism/Drug Recovery Program 5,105,665 5,119,373 6,261,474 6,034,620 6,002,308 5,618,755 Hearing aids 2,432,626 2,175,871 2,281,219 2,069,378 2,017,632 2,247,126 Subsequent prosthetic device 57,142 385,963 321,490 100,897 158,668 50,025 Subtotal $ 20,506,699 $ 20,498,372 $ 18,561,613 $ 19,198,948 $ 19,690,554 $ 18,821,051 Non-industrial Disability Supplement (NiDS) For those receiving CSDI (CA) $ 3,361,308 $ 3,656,682 $ 3,460,390 $ 3,724,079 $ 3,931,601 $ 3,646,768 CSDI Supplement – – – – – Weekly Indemnity & NIDS (OR & WA) 5,589,547 5,862,544 5,226,321 5,118,657 4,933,504 3,727,976 Subtotal $ 8,950,855 $ 9,519,226 $ 8,686,711 $ 8,842,736 $ 8,865,105 $ 7,374,744 Subsidy Benefits for Certain Pre-7/1/75 Widows WILSP subsidy payments – $ 88,606 $ 177,471 $ 190,848 $ 207,279 $ 219,866 tOtaL BeNeFitS $ 690,659,112 $ 685,137,053 $ 713,084,002 $ 605,554,197 $ 601,620,389 $ 584,423,145 Reconciliation to Form 5500 (accrual) (14,897,311) 23,221,032 (12,919,156) 11,972,456 (25,781,833) 1,684,816 Reconciliation to Form 5500 for reclassifications of expenses – – – – – 18,469,793 tOtaL BeNeFitS aFteR ReCONCiLiatiON $ 675,761,801 $ 708,358,085 $ 700,164,846 $ 617,526,653 $ 575,838,556 $ 604,577,754 CHANGES IN NET ASSETS AvAILABLE FOR WELFARE BENEFITS for plan Year ended June 30: 2018 2017 2016 2015 2014 2013 investment income $ 60,437 $ 61,235 $ 51,437 $ 44,478 $ 76,566 $ 61,544 Contributions: Employers 715,778,035 675,403,215 731,709,936 $ 657,558,826 $ 606,953,184 $ 605,177,975 Employees 13,076,067 13,024,859 14,066,840 13,180,484 11,329,574 12,526,485 WILSP/Union – – – – – – COBRA/self-pay contribution 54,104 121,455 55,708 91,973 86,914 92,298 total contributions $ 728,908,206 $ 688,549,529 $ 745,832,484 $ 670,831,283 $ 618,369,672 $ 617,796,758 Other Income 9,607,863 49,840,791 9,259,530 5,396,513 5,731,586 4,634,832 Total additions $ 738,576,506 $ 738,451,555 $ 755,143,451 $ 676,272,274 $ 624,177,824 $ 622,493,134 Deductions: Benefits paid $ 690,659,112 $ 685,137,053 $ 713,084,002 $ 605,554,197 $ 601,620,389 $ 584,423,145 Administrative expenses 52,359,627 47,702,098 41,741,689 42,858,542 43,562,773 30,253,924 Total deductions $ 743,018,739 $ 732,839,151 $ 754,825,691 $ 648,412,739 $ 645,183,162 $ 614,677,069 Net increase (decrease) (4,442,233) 5,612,404 $ 317,760 $ 27,859,535 $ (21,005,338) $ 7,816,065 Net assets available for benefits: Beginning of year $ 182,974,416 $ 177,362,012 $ 177,044,252 $ 149,184,717 $ 170,190,055 $ 162,373,990 End of year $ 178,532,183 $ 182,974,416 $ 177,362,012 $ 177,044,252 $ 149,184,717 $ 170,190,055 Welfare Benefits 68 2 0 1 8 a n n u a l r e p o r t

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