Board of Trustees Indiana Laborers Welfare Fundbenefits

Board of Trustees Indiana Laborers Welfare Fund's benefits plan covered 9,004 active participants in 2023, providing short-term disability · vision · dental · life · health. Insurance premiums totaled $2,580,697. Insurance brokers and agents were paid $331,997 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.9% of premiums. That is $37 per covered person, in the bottom quarter of employer plans that report broker pay.