Board of Trustees Ibew Health and Welfare Trust of Southwest Washingtobenefits

Board of Trustees Ibew Health and Welfare Trust of Southwest Washingto's benefits plans covered 765 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $950,048. Insurance brokers and agents were paid $37,043 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.9% of premiums. That is $48 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 16% from $43,963 in 2023.