Cleveland-Cliffs Princeton Coal Inc.benefits

Cleveland-Cliffs Princeton Coal Inc.'s benefits plans covered 507 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $101,665. Insurance brokers and agents were paid $30,116 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 29.6% of premiums. That is $59 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 82% from $166,838 in 2023.