North American Credit Servicesbenefits

North American Credit Services's benefits plans covered 544 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,422,148. Insurance brokers and agents were paid $319,891 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 22.5% of premiums. That is $588 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 56% from $204,743 in 2023.