Iowa Laborers Health and Welfare Fundbenefits

Iowa Laborers Health and Welfare Fund's benefits plan covered 2,078 active participants in 2023, providing health · dental · short-term disability · death benefits. Insurance premiums totaled $20,825,136. Insurance brokers and agents were paid $60,520 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.3% of premiums. That is $29 per covered person, in the bottom quarter of employer plans that report broker pay.