Blue Cross and Blue Shield Associationbenefits
Blue Cross Blue Shield Association Long Term Disability Program · CHICAGO, IL · plan year 2024
Blue Cross and Blue Shield Association's benefits plans covered 22,766 active participants in 2024, providing long-term disability. Insurance premiums totaled $21,870,064. Insurance brokers and agents were paid $132,460 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.6% of premiums. That is $6 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 27% from $181,340 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 135656874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.