Carevet Holdings, LLCbenefits

Carevet Holdings, LLC's benefits plans covered 2,543 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,116,712. Insurance brokers and agents were paid $470,593 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 42.1% of premiums. That is $185 per covered person, below the median for employer plans that report broker pay. Broker pay fell 13% from $538,909 in 2023.