Bepco, L.P.benefits

Bepco, L.P.'s benefits plans covered 906 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $12,949,781. Insurance brokers and agents were paid $234,811 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.8% of premiums. That is $259 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.9% from $223,783 in 2023.