Grinnell Mutual Reinsurance Companybenefits

Grinnell Mutual Reinsurance Company's benefits plans covered 743 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $10,251,163. Insurance brokers and agents were paid $57,609 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.6% of premiums. That is $78 per covered person, below the median for employer plans that report broker pay. Broker pay rose 13% from $51,125 in 2023.