Local 665 I.A.T.S.E. Health & Welfare Planbenefits

Local 665 I.A.T.S.E. Health & Welfare Plan's benefits plans covered 400 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $3,808,486. Insurance brokers and agents were paid $59,133 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.6% of premiums. That is $148 per covered person, below the median for employer plans that report broker pay. Broker pay fell 27% from $81,236 in 2023.