Board of Trustees I.B.E.W. Local 1049benefits

Board of Trustees I.B.E.W. Local 1049's benefits plans covered 786 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance brokers and agents were paid $114,249 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $145 per covered person, below the median for employer plans that report broker pay. Broker pay fell 83% from $688,217 in 2023.