Covenant Carebenefits

Covenant Care's benefits plan covered 132 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,844,838. Insurance brokers and agents were paid $91,883 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $696 per covered person, in the top 10% of employer plans that report broker pay.