Board of Trustees North Central Illinois Laborers Health & Welfare Plabenefits

Board of Trustees North Central Illinois Laborers Health & Welfare Pla's benefits plans covered 1,832 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $21,646,508. Insurance brokers and agents were paid $32,161 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.1% of premiums. That is $18 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 5.5% from $34,033 in 2023.