Telephone Local Union No. 1357 of Ibewbenefits

Telephone Local Union No. 1357 of Ibew's benefits plans covered 101 active participants in 2024, providing life · other. Insurance premiums totaled $3,413. Insurance brokers and agents were paid $479 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.0% of premiums. That is $5 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 23% from $624 in 2023.