Credit Acceptance Corporationbenefits

Credit Acceptance Corporation's benefits plans covered 2,321 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,465,861. Insurance brokers and agents were paid $162,266 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.6% of premiums. That is $70 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 27% from $127,633 in 2023.