Workers Credit Unionbenefits

Workers Credit Union's benefits plans covered 255 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $32,963. Insurance brokers and agents were paid $11,891 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 36.1% of premiums. That is $47 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 5.0% from $11,320 in 2023.