Ibew-Neca Local 505 Health & Welfare Plabenefits

Ibew-Neca Local 505 Health & Welfare Pla's benefits plans covered 534 active participants in 2024, providing health · dental. Insurance brokers and agents were paid $31,036 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $58 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 17% from $26,499 in 2023.