Board of Trustees, Cal Necabenefits

Board of Trustees, Cal Neca's benefits plans covered 241 active participants in 2024, providing health · life · dental · vision · other. Insurance premiums totaled $205,265. Insurance brokers and agents were paid $166,714 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 81.2% of premiums. That is $692 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 15% from $144,570 in 2023.