Washington Manufacturing Health Trustbenefits

Washington Manufacturing Health Trust's benefits plans covered 606 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $183,367. Insurance brokers and agents were paid $13,520 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.4% of premiums. That is $22 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 38% from $9,820 in 2023.