Owen Electric Cooperativebenefits

Owen Electric Cooperative's benefits plans covered 117 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $84,304. Insurance brokers and agents were paid $31,047 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 36.8% of premiums. That is $265 per covered person, above the median for employer plans that report broker pay. Broker pay rose 38% from $22,479 in 2024.