Genesis Medical Associates, Inc.benefits

Genesis Medical Associates, Inc.'s benefits plans covered 345 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $256,873. Insurance brokers and agents were paid $24,667 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.6% of premiums. That is $71 per covered person, below the median for employer plans that report broker pay. Broker pay rose 23% from $20,001 in 2023.