Trustees of the Insulators & Allied Workers Health and Welfare Planbenefits

Trustees of the Insulators & Allied Workers Health and Welfare Plan's benefits plans covered 150 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $2,665,750. Insurance brokers and agents were paid $57,587 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.2% of premiums. That is $384 per covered person, above the median for employer plans that report broker pay. Broker pay rose 7.4% from $53,596 in 2023.