Lafcubenefits

Lafcu's benefits plans covered 257 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,630,873. Insurance brokers and agents were paid $109,263 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.2% of premiums. That is $425 per covered person, above the median for employer plans that report broker pay. Broker pay rose 9.6% from $99,657 in 2023.