Bank of Idahobenefits

Bank of Idaho's benefits plans covered 191 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $10,187. Insurance brokers and agents were paid $25,902 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 254.3% of premiums. That is $136 per covered person, below the median for employer plans that report broker pay. Broker pay rose 53% from $16,905 in 2023.