Board of Trustees, B.A.C. Local No 3 Health Andbenefits

Board of Trustees, B.A.C. Local No 3 Health And's benefits plans covered 552 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $34,067. Insurance brokers and agents were paid $112,001 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 328.8% of premiums. That is $203 per covered person, above the median for employer plans that report broker pay. Broker pay rose 11% from $100,528 in 2023.