Wisconsin Bankers Association Insurance Trust Fundbenefits

Wisconsin Bankers Association Insurance Trust Fund's benefits plans covered 3,126 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $6,565,823. Insurance brokers and agents were paid $881,447 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.4% of premiums. That is $282 per covered person, above the median for employer plans that report broker pay. Broker pay rose 9.4% from $805,859 in 2023.