Trustees Teamsters and Employers Welfare Trustbenefits

Trustees Teamsters and Employers Welfare Trust's benefits plans covered 1,023 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $62,268,439. Insurance brokers and agents were paid $20,193 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.0% of premiums. That is $20 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 52% from $41,888 in 2023.