Horizon Credit Unionbenefits

Horizon Credit Union's benefits plans covered 369 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $395,751. Insurance brokers and agents were paid $49,521 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.5% of premiums. That is $134 per covered person, below the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2023.