Advocates, Inc.benefits

Advocates, Inc.'s benefits plans covered 2,025 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $529,892. Insurance brokers and agents were paid $394,832 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 74.5% of premiums. That is $195 per covered person, above the median for employer plans that report broker pay. Broker pay rose 35% from $293,063 in 2023.