Group O, Inc.benefits

Group O, Inc.'s benefits plans covered 722 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $5,215,312. Insurance brokers and agents were paid $150,301 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $208 per covered person, above the median for employer plans that report broker pay. Broker pay fell 9.5% from $166,025 in 2023.