The Board of Trustees of the Icso Group Health & Welfare Planbenefits

The Board of Trustees of the Icso Group Health & Welfare Plan's benefits plans covered 745 active participants in 2024, providing health · life · dental · long-term disability · death benefits. Insurance premiums totaled $379,980. Insurance brokers and agents were paid $318,510 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 83.8% of premiums. That is $428 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 8.5% from $348,121 in 2023.