Cleaveland/Price, Inc.benefits

Cleaveland/Price, Inc.'s benefits plans covered 313 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $31,687. Insurance brokers and agents were paid $60,140 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 189.8% of premiums. That is $192 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.2% from $57,737 in 2023.