Washington Business Services Health Trustbenefits

Washington Business Services Health Trust's benefits plans covered 1,790 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $682,130. Insurance brokers and agents were paid $31,200 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.6% of premiums. That is $17 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 80% from $17,300 in 2023.