Abbott-Action, Inc.benefits

Abbott-Action, Inc.'s benefits plans covered 143 active participants in 2024, providing health · life · dental · long-term disability · other. Insurance premiums totaled $71,471. Insurance brokers and agents were paid $34,072 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 47.7% of premiums. That is $238 per covered person, above the median for employer plans that report broker pay. Broker pay fell 14% from $39,588 in 2023.