Employee Liability Management, Inc.benefits

Employee Liability Management, Inc.'s benefits plans covered 1,377 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,435,196. Insurance brokers and agents were paid $73,115 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.1% of premiums. That is $53 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 6.3% from $78,024 in 2023.