Nebraska Bankers Assn Voluntary Employees Beneficiary Associationbenefits

Nebraska Bankers Assn Voluntary Employees Beneficiary Association's benefits plans covered 4,614 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,210,348. Insurance brokers and agents were paid $589,280 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 26.7% of premiums. That is $128 per covered person, below the median for employer plans that report broker pay. Broker pay fell 3.5% from $610,341 in 2023.