Dow Credit Unionbenefits

Dow Credit Union's benefits plans covered 160 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,325,404. Insurance brokers and agents were paid $129,041 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.5% of premiums. That is $807 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 12% from $114,817 in 2023.