Alcona Citizens for Health Welfare Benefit Planbenefits

Alcona Citizens for Health Welfare Benefit Plan's benefits plans covered 334 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $272,627. Insurance brokers and agents were paid $234,319 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 85.9% of premiums. That is $702 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 28% from $183,241 in 2023.