Local Union No. 1556benefits

Local Union No. 1556's benefits plans covered 1,096 active participants in 2024. Insurance brokers and agents were paid $17,228 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $16 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 11% from $15,556 in 2023.