Chanel, Inc.benefits

Chanel, Inc.'s benefits plans covered 2,501 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,615,450. Insurance brokers and agents were paid $117,436 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 $47 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 3.6x the $32,503 reported for 2023.