Johns Hopkins Univ App Phys Lab Med & Den Ins Trst

Johns Hopkins Univ App Phys Lab Med & Den Ins Trst, also known as the Johns Hopkins University Applied Physics Laboratory Medical and Dental Insurance Trust, is a mission-driven organization dedicated to providing essential health and dental insurance coverage for the employees, their dependents, and retirees of Johns Hopkins Applied Physics Laboratory.

The Trust's primary objective is to ensure the wellbeing of its beneficiaries by funding and administering a comprehensive medical and dental insurance program. The Trust's exempt purpose is geared toward meeting the health and welfare needs of Johns Hopkins Applied Physics Laboratory's workforce and their families. The expenses incurred by the Trust are primarily for healthcare benefits and the related administrative costs associated with managing the Trust's exempt purpose.

The Trust receives its revenue primarily from employer and participant contributions. These contributions are essential for the Trust to cover the costs of providing health and dental insurance coverage to its beneficiaries. In addition, the Trust generates income from investments, rebates, Medicare subsidies, and transfers from other trusts to fund plan liabilities that have been transferred to this Trust. By pooling resources and leveraging economies of scale, the Trust is able to offer a competitive and comprehensive benefits package to its members. The Trust's dedication to providing quality health and dental insurance coverage for its members enables them to focus on their work and personal lives with peace of mind.