Betterup, Inc.benefits

Betterup, Inc.'s benefits plans covered 412 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $489,868. Insurance brokers and agents were paid $138,645 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 28.3% of premiums. That is $337 per covered person, above the median for employer plans that report broker pay. Broker pay fell 4.4% from $145,056 in 2023.