California's Valued Trust

What California's Valued Trust does

California's Valued Trust (CVT) is a jointly managed, self-funded, not-for-profit healthcare benefits trust headquartered in Fresno, California. Established in 1984 through a partnership among district superintendents, the California Teachers Association (CTA), and the California School Employees Association (CSEA), CVT pools healthcare purchasing power for California's K-14 public education community. It serves more than 162,000 members across 238+ school districts, community colleges, and county education offices, directing 98 cents of every premium dollar to member healthcare and maintaining fully-funded reserves without historical midyear contribution requests.

The trust's core offering is a portfolio of fully insured and self-funded benefit plans delivered through major carrier partners: Anthem Blue Cross, Blue Shield of California, Aetna, and Kaiser Permanente for medical coverage; CVS Caremark for pharmacy; Delta Dental for dental; VSP for vision; and MetLife for life insurance. Layered on top are value-added wellbeing programs including MDLIVE virtual care, Carelon Behavioral Health EAP, HealthEquity HSAs, Carrum Health Surgical Centers of Excellence, Solera4Me diabetes prevention, SimpleTherapy virtual MSK, TruHearing, CredibleMind, Accordant for complex conditions, the Fit for Life program, and CVT's proprietary SmartCare decision-support tools. Members access benefits through the MyCVT member portal.

CVT is governed by a 12-member board with equal labor and management representation (six management seats plus three CTA and three CSEA seats) and operates with a full-time staff of approximately 40 employees. The trust collects recurring premium contributions from member districts and participants as its primary revenue stream, operates exclusively within California, and does not have external investors, parent entities, or public capital markets exposure. Its primary growth vector is enrichment of the value-added benefits ecosystem within its existing member base rather than geographic or vertical expansion.

Name

California's Valued Trust

Legal name

California's Valued Trust

Website

https://cvtrust.org

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

California's Valued Trust is a self-funded, not-for-profit healthcare benefits trust serving 162,000+ members across 238+ California K-14 school districts, community colleges, and county education offices, co-founded by CTA and CSEA in 1984.

Ownership category

akta.pro rank

Product category

Education Sector Health Benefits Administration

NAICS

Health and Welfare Funds (525120), Insurance and Employee Benefit Funds (5251), Trusts, Estates, and Agency Accounts (52592)

SIC

Hospital & Medical Service Plans (6324), Services-Membership Organizations (8600)

akta.pro primary industry

Level-Funded Group Health Plans (FSAIAFAC)

akta.pro secondary industry

Trust Administration & Fiduciary Accounting Services (FSAAANAF)

Keywords

• Self-funded health benefits
• Education sector insurance
• School district healthcare trust
• Not-for-profit health plan
• Employee benefits administration

Headquarters

HQ city

Fresno

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Member Premium Contributions: CVT collects premiums from member districts and participants to fund healthcare coverage. As a self-funded, not-for-profit organization, all monies are directed to member benefits. The trust spends an average of 98 cents of every premium dollar collected on healthcare.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

California's Valued Trust is a jointly managed, self-funded, not-for-profit health benefits trust that pools premium contributions from member California K-14 school districts, community colleges, and county education offices to deliver medical, prescription, dental, vision, life insurance, HSA, and integrated wellbeing programs to more than 162,000 teachers and classified staff. The trust contracts with major carriers (Anthem Blue Cross, Blue Shield, Aetna, Kaiser Permanente, Delta Dental, VSP, MetLife, CVS Caremark, HealthEquity) to administer plans and operates the MyCVT member portal for enrollment, eligibility, and billing.

Product overview

California's Valued Trust is a jointly managed healthcare benefits trust for California school employees that offers a comprehensive portfolio of benefit plans and wellbeing programs. The core offering consists of medical plans (through Anthem Blue Cross, Blue Shield of California, Aetna, and Kaiser Permanente), pharmacy benefits (CVS Caremark), dental (Delta Dental), vision (VSP), life insurance, and HSAs. The trust also provides value-added wellbeing programs including SmartCare for informed healthcare decision-making, MDLIVE for virtual care, Carelon Behavioral Health EAP, TruHearing, Solera4Me diabetes prevention, Carrum Health for surgical centers of excellence, SimpleTherapy for musculoskeletal care, Accordant for complex health conditions, CredibleMind for mental health resources, and the Fit for Life Program. This is a platform of integrated health benefits rather than a single unified product.

Differentiator

Problem solved

Functional benefit

Brands

• SmartCare: SmartCare is CVT's innovative program designed to help members make informed healthcare choices and save money through easy-to-use tools. The program includes SmartCare tools for comparison shopping and cost savings.

Products and services

• Medical Plans
• Pharmacy Benefits
• Dental Plans
• Vision Plans
• Life Insurance
• SmartCare

Quantifiable outcome

• 98 cents of every premium dollar goes directly to member healthcare
• +2 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

18 partnerships are on record, tiered core, primary and supporting.

• California Teachers Association (CTA)coreStrategic or Co-development PartnerCTA co-founded CVT in 1984 along with CSEA and management representatives. The trust concept is supported by CTA, and three of the twelve board members represent CTA labor interests.
• California School Employees Association (CSEA)coreStrategic or Co-development PartnerCSEA co-founded CVT in 1984 along with CTA and management representatives. The trust concept is supported by CSEA, and three of the twelve board members represent CSEA labor interests.
• Anthem Blue CrossprimaryOthersMedical plan provider offering PPO plans for active members and retirees.
• Blue Shield of CaliforniaprimaryOthersMedical plan provider offering Trio HMO and Access+ HMO plans for active members and retirees.
• AetnaprimaryOthersMedical plan provider offering PPO plans for retirees with dedicated health concierge representatives.
• Kaiser PermanenteprimaryOthersMedical plan provider offering HMO plans for active members and retirees.
• Delta DentalprimaryOthersDental insurance provider offering plans for active members and retirees.
• VSPprimaryOthersVision insurance provider offering plans for active members.
• MetLifeprimaryOthersLife insurance provider offering plans for active members.
• CVS CaremarksupportingTechnology or IntegrationPharmacy benefits management providing prescription drug coverage through CVS Caremark.
• MDLivesupportingTechnology or IntegrationVirtual care provider offering 24/7 access to virtual primary care, urgent care, dermatological, and behavioral health services by phone or video.
• TruHearingsupportingTechnology or IntegrationHearing care program providing high quality hearing aids and benefit solutions.
• HealthEquitysupportingTechnology or IntegrationHSA administration partner providing health savings accounts for HDHP subscribers.
• Carelon Behavioral HealthsupportingTechnology or IntegrationEmployee Assistance Program (EAP) providing behavioral health support services.
• Carrum HealthsupportingTechnology or IntegrationValue-added benefit offering Surgical Centers of Excellence, hysterectomy, cancer care, and substance use disorder support.
• Solera4MesupportingTechnology or IntegrationDiabetes prevention program helping members reduce their risk for developing diabetes.
• SimpleTherapysupportingTechnology or IntegrationVirtual musculoskeletal care program providing virtual MSK treatment options.
• CredibleMindsupportingTechnology or Integration24/7 online resources for mental self-care and emotional wellbeing.

Scale indicators3 records

Expansion highlights4 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC2DS538tsL6xEgi03stqnCw
• Facebookfacebook.com/californiasvaluedtrust
• LinkedInlinkedin.com/company/california%27s-valued-trust

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about California's Valued Trust