Cignysbenefits

Cignys's benefits plans covered 115 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,300,104. Insurance brokers and agents were paid $76,632 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.9% of premiums. That is $666 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 3.0x the $25,342 reported for 2023.