Agespan, Inc.benefits

Agespan, Inc.'s benefits plans covered 518 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $5,953,732. Insurance brokers and agents were paid $192,444 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.2% of premiums. That is $372 per covered person, above the median for employer plans that report broker pay. Broker pay rose 21% from $159,072 in 2023.