Concord Academybenefits

Concord Academy's benefits plans covered 136 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,498,059. Insurance brokers and agents were paid $56,052 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.2% of premiums. That is $412 per covered person, above the median for employer plans that report broker pay. Broker pay rose 13% from $49,559 in 2023.