U.A. Local 160 Health & Welfare Planbenefits

U.A. Local 160 Health & Welfare Plan's benefits plans covered 105 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $1,363,108. Insurance brokers and agents were paid $33,764 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.5% of premiums. That is $322 per covered person, above the median for employer plans that report broker pay. Broker pay fell 0.5% from $33,947 in 2023.