Bay Cove Human Services, Inc.benefits

Bay Cove Human Services, Inc.'s benefits plans covered 1,620 active participants in 2024, providing health · dental · vision · long-term disability. Insurance premiums totaled $11,827,635. Insurance brokers and agents were paid $384,889 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.3% of premiums. That is $238 per covered person, above the median for employer plans that report broker pay. Broker pay rose 51% from $255,087 in 2023.