Coventbridge USA, Inc.benefits

Coventbridge USA, Inc.'s benefits plans covered 731 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $736,410. Insurance brokers and agents were paid $307,078 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.7% of premiums. That is $420 per covered person, above the median for employer plans that report broker pay. Broker pay rose 8.7% from $282,403 in 2023.