Cbiz, Inc.benefits

Cbiz, Inc.'s benefits plans covered 6,776 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $1,169,169. Insurance brokers and agents were paid $52,240 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $8 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 6.0% from $49,270 in 2023.