Akron Police Department Voluntary Employee Insurance Associationbenefits

Akron Police Department Voluntary Employee Insurance Association's benefits plans covered 360 active participants in 2024, providing life · death benefits. Insurance premiums totaled $101,596. Insurance brokers and agents were paid $17,685 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.4% of premiums. That is $49 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 47% from $12,043 in 2023.