Virginia Credit Union, Inc.benefits

Virginia Credit Union, Inc.'s benefits plan covered 1,011 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,592,451. Insurance brokers and agents were paid $182,465 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.5% of premiums. That is $180 per covered person, below the median for employer plans that report broker pay.