Cory Watson, P.C.benefits

Cory Watson, P.C.'s benefits plan covered 87 active participants in 2023, providing life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $611,811. Insurance brokers and agents were paid $44,239 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.2% of premiums. That is $508 per covered person, in the top quarter of employer plans that report broker pay.