Galen Medical Group, P.C.benefits

Galen Medical Group, P.C.'s benefits plans covered 562 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $281,513. Insurance brokers and agents were paid $159,050 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 56.5% of premiums. That is $283 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.5% from $170,193 in 2023.