Alphia, Inc.benefits

Alphia, Inc.'s benefits plans covered 826 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $524,257. Insurance brokers and agents were paid $176,389 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 33.6% of premiums. That is $214 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.1x the $56,697 reported for 2023.