Bombenefits

Bom's benefits plan covered 160 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $940,353. Insurance brokers and agents were paid $77,566 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.2% of premiums. That is $485 per covered person, in the top quarter of employer plans that report broker pay.