Community Bank System, Inc.benefits

Community Bank System, Inc.'s benefits plan covered 2,686 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $925,583. Insurance brokers and agents were paid $47,728 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $18 per covered person, in the bottom quarter of employer plans that report broker pay.