International Union of Operating Engineersbenefits

International Union of Operating Engineers's benefits plans covered 329 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $851,547. Insurance brokers and agents were paid $98,902 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.6% of premiums. That is $301 per covered person, above the median for employer plans that report broker pay. Broker pay fell 10% from $110,305 in 2023.