Gencare, Inc.benefits

Gencare, Inc.'s benefits plans covered 344 active participants in 2024, providing health · life · dental · vision · death benefits · other. Insurance premiums totaled $85,162. Insurance brokers and agents were paid $66,628 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 78.2% of premiums. That is $194 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.1% from $62,799 in 2023.