Utilities Employees Credit Unionbenefits

Utilities Employees Credit Union's benefits plans covered 108 active participants in 2024, providing health · life · vision · long-term disability · other. Insurance premiums totaled $13,614. Insurance brokers and agents were paid $7,713 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 56.7% of premiums. That is $71 per covered person, below the median for employer plans that report broker pay. Broker pay rose 8.3% from $7,122 in 2023.