Centroniabenefits

Centronia's benefits plans covered 244 active participants in 2024, providing life · long-term disability · death benefits. Insurance premiums totaled $79,856. Insurance brokers and agents were paid $14,603 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.3% of premiums. That is $60 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 50% from $9,738 in 2023.