Central Arkansas Development Councilbenefits

Central Arkansas Development Council's benefits plans covered 450 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $113,606. Insurance brokers and agents were paid $108,229 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 95.3% of premiums. That is $241 per covered person, above the median for employer plans that report broker pay. Broker pay rose 8.3% from $99,895 in 2023.