Bocar US Inc.benefits

Bocar US Inc.'s benefits plans covered 311 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,484,143. Insurance brokers and agents were paid $63,663 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 $205 per covered person, above the median for employer plans that report broker pay. Broker pay fell 19% from $78,231 in 2023.