Hawaii Sheet Metal Workers Health & Welfare Trust Fundbenefits

Hawaii Sheet Metal Workers Health & Welfare Trust Fund's benefits plans covered 440 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $5,960,761. Insurance brokers and agents were paid $29,455 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.5% of premiums. That is $67 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 49% from $57,600 in 2023.