Nusenda Credit Unionbenefits

Nusenda Credit Union's benefits plans covered 616 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $372,287. Insurance brokers and agents were paid $14,197 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $23 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 49% from $28,093 in 2023.