Business Wire, Inc.benefits

Business Wire, Inc.'s benefits plans covered 314 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $50,812. Insurance brokers and agents were paid $89,470 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 176.1% of premiums. That is $285 per covered person, above the median for employer plans that report broker pay. Broker pay rose 9.4% from $81,758 in 2023.