Bi-Con Services, Inc.benefits

Bi-Con Services, Inc.'s benefits plans covered 225 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $135,136. Insurance brokers and agents were paid $14,559 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.8% of premiums. That is $65 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 7.5% from $15,737 in 2023.