Board of Trustees Michigan Laborers' Health Care Fundbenefits
Michigan Laborers' Health Care Fund · LANSING, MI · plan year 2024
Broker compensation reported · 2024
$356,755
Board of Trustees Michigan Laborers' Health Care Fund's benefits plans covered 5,568 active participants in 2024, providing health · dental · death benefits. Insurance brokers and agents were paid $356,755 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $64 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 49% from $239,340 in 2023.
Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF MICHIGAN · stop-losspremiums n/a · 6,498 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN MEDICARE ADVANTAGE · health drugpremiums n/a · 1,116 covered
Brokers & agents paid · 20241
MICHAEL G BUCK$356,755 · incl $239,340 fees
Also brokered by Michael G Buck5
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 386058384 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.