Cohen & Company, LTD.benefits

Cohen & Company, LTD.'s benefits plans covered 781 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $326,201. Insurance brokers and agents were paid $54,352 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.7% of premiums. That is $70 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 19% from $45,808 in 2023.