Kamax Inc.benefits

Kamax Inc.'s benefits plans covered 439 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $493,265. Insurance brokers and agents were paid $63,170 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.8% of premiums. That is $144 per covered person, below the median for employer plans that report broker pay. Broker pay fell 33% from $94,760 in 2023.