Westerra Credit Unionbenefits

Westerra Credit Union's benefits plans covered 282 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $174,810. Insurance brokers and agents were paid $43,795 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 25.1% of premiums. That is $155 per covered person, below the median for employer plans that report broker pay. Broker pay fell 66% from $127,093 in 2023.