Edgewood Retirement Communitybenefits

Edgewood Retirement Community's benefits plans covered 228 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $129,896. Insurance brokers and agents were paid $29,979 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 23.1% of premiums. That is $131 per covered person, below the median for employer plans that report broker pay. Brokers were paid 3.5x the $8,461 reported for 2023.