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The Teamsters Security Fund is a multi-employer health and welfare trust fund providing comprehensive healthcare benefits to members of the International Brotherhood of Teamsters. The fund manages a wide range of services including medical, dental, vision, and prescription drug coverage for eligible union members and their families. Governed by a joint board of trustees from both labor and management, it operates as a Taft-Hartley plan focused on delivering cost-effective and high-quality care. While it operates within the healthcare sector, the organization functions as a benefit administrator and payer rather than a biotechnology or pharmaceutical developer. Its primary role involves claims processing, network management, and member advocacy to ensure health security for its participants.
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