Decbenefits

Dec's benefits plan covered 156 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $224,720. Insurance brokers and agents were paid $38,484 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.1% of premiums. That is $247 per covered person, above the median for employer plans that report broker pay.