Iplbenefits

Ipl's benefits plan covered 352 active participants in 2023, providing life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $219,022. Insurance brokers and agents were paid $23,900 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.9% of premiums. That is $68 per covered person, in the bottom quarter of employer plans that report broker pay.