Board of Trustees, Ibew Lo 191 Health and Welfare Trbenefits

Board of Trustees, Ibew Lo 191 Health and Welfare Tr's benefits plans covered 2,197 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $229,227. Insurance brokers and agents were paid $72,045 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 31.4% of premiums. That is $33 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 1.0% from $71,360 in 2023.