Groton Schoolbenefits

Groton School's benefits plans covered 124 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $3,061,659. Insurance brokers and agents were paid $80,743 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.6% of premiums. That is $651 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 4.8% from $77,079 in 2023.