Maritime Industry Welfare Benefit Trustbenefits

Maritime Industry Welfare Benefit Trust's benefits plans covered 920 active participants in 2024, providing health · life · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $347,268 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $377 per covered person, above the median for employer plans that report broker pay. Broker pay rose 22% from $285,134 in 2023.