Excellabenefits

Excella's benefits plans covered 337 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other · vision. Insurance premiums totaled $3,591,238. Insurance brokers and agents were paid $187,100 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $555 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 8.3% from $172,687 in 2023.