Connecticut Renaissance Inc Veba Trustbenefits

Connecticut Renaissance Inc Veba Trust's benefits plans covered 161 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $344,346. Insurance brokers and agents were paid $5,342 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.6% of premiums. That is $33 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 3.0x the $1,777 reported for 2023.