Mary Beth Kuderik
CFO of the UAW's medical benefits trust, she spent the last two of her 28 years at General Motors helping the automaker prepare to shift its health care benefit system into the nation's largest voluntary employee beneficiary association. Among her accomplishments are:
- Developing the benefit design recommendation that saved the UAW Retiree Medical Benefits Trust about $200 million annually. The changes included a three-tier medication program, extending coverage to age 26 for dependents, and adding smoking cessation, cardiac rehabilitation, disease management and wellness programs.
- Implementing an early retiree reimbursement subsidy program, which was provided in the federal health care reform act. It saved the UAW Retiree Medical Benefits Trust $207 million in 2010.
- Negotiated a three-year pharmacy benefit management program with Franklin Lakes, N.J.-based Medco that saved the UAW Retiree Medical Benefits Trust more than $50 million in lower drug costs.