Isidore Newman School Welfare Benefit Planbenefits

Isidore Newman School Welfare Benefit Plan's benefits plans covered 229 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $1,839,866. Insurance brokers and agents were paid $132,415 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.2% of premiums. That is $578 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 31% from $100,795 in 2023.