Old Colony Elder Servicesbenefits

Old Colony Elder Services's benefits plans covered 230 active participants in 2024, providing health · life · dental · vision · death benefits · long-term disability. Insurance premiums totaled $2,989,321. Insurance brokers and agents were paid $102,262 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.4% of premiums. That is $445 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 29% from $79,199 in 2023.