Laborers Welfare Fund Local 199 Board of Trusteesbenefits

Laborers Welfare Fund Local 199 Board of Trustees's benefits plans covered 168 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $410,301. Insurance brokers and agents were paid $5,074 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.2% of premiums. That is $30 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 15% from $5,988 in 2023.