Baxter Credit Unionbenefits

Baxter Credit Union's benefits plan covered 719 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,344,784. Insurance brokers and agents were paid $164,127 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.2% of premiums. That is $228 per covered person, above the median for employer plans that report broker pay.