Insurance and Benefits Trust of the Poracbenefits

Insurance and Benefits Trust of the Porac's benefits plans covered 20,412 active participants in 2024, providing life · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $113,263 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $6 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 61% from $287,348 in 2023.