Life Worksbenefits

Life Works's benefits plans covered 240 active participants in 2024, providing health · life · dental · vision · death benefits · other. Insurance premiums totaled $89,455. Insurance brokers and agents were paid $43,814 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 49.0% of premiums. That is $183 per covered person, below the median for employer plans that report broker pay. Broker pay rose 30% from $33,651 in 2023.