Amalgamated Life Insurance Co. Inc.benefits

Amalgamated Life Insurance Co. Inc.'s benefits plans covered 333 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $191,132. Insurance brokers and agents were paid $17,273 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.0% of premiums. That is $52 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 90% from $9,105 in 2023.