Trustees - Ugsoa Health and Welfare Fundbenefits

Trustees - Ugsoa Health and Welfare Fund's benefits plans covered 1,162 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $901,716. Insurance brokers and agents were paid $125,520 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.9% of premiums. That is $108 per covered person, below the median for employer plans that report broker pay. Brokers were paid 121.3x the $1,035 reported for 2023.