Bmi Federal Credit Unionbenefits

Bmi Federal Credit Union's benefits plan covered 105 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $32,359. Insurance brokers and agents were paid $51,768 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 160.0% of premiums. That is $493 per covered person, in the top quarter of employer plans that report broker pay.