Board of Trustees, Health Care Employees/Employerbenefits

Board of Trustees, Health Care Employees/Employer's benefits plans covered 26,625 active participants in 2024, providing health · life · dental · other. Insurance premiums totaled $14,186,500. Insurance brokers and agents were paid $413,357 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $16 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 9.3x the $44,508 reported for 2023.