Cobb Electric Membership Corpbenefits

Cobb Electric Membership Corp's benefits plans covered 602 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $7,389,723. Insurance brokers and agents were paid $63,224 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.9% of premiums. That is $105 per covered person, below the median for employer plans that report broker pay. Brokers were paid 4.1x the $15,610 reported for 2023.