Board of Trustees, Operating Engineers Healthbenefits

Board of Trustees, Operating Engineers Health's benefits plans covered 16,991 active participants in 2024, providing health · life · dental · vision · death benefits · other. Insurance premiums totaled $16,284,904. Insurance brokers and agents were paid $57,681 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.4% of premiums. That is $3 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 4.4x the $13,081 reported for 2023.