George's, Inc.benefits

George's, Inc.'s benefits plans covered 6,085 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,521,028. Insurance brokers and agents were paid $559,922 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 36.8% of premiums. That is $92 per covered person, below the median for employer plans that report broker pay. Broker pay rose 19% from $470,387 in 2023.