Itc Incorporatedbenefits

Itc Incorporated's benefits plans covered 126 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $77,867. Insurance brokers and agents were paid $27,945 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 35.9% of premiums. That is $222 per covered person, above the median for employer plans that report broker pay. Broker pay rose 0.6% from $27,788 in 2023.