Essential Utilities, Inc.benefits

Essential Utilities, Inc.'s benefits plans covered 3,244 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $4,325,453. Insurance brokers and agents were paid $714,285 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.5% of premiums. That is $220 per covered person, above the median for employer plans that report broker pay. Broker pay fell 22% from $911,148 in 2023.