Plan Ledger DOL Form 5500 · updated monthly

Optimus Health Care, Inc.benefits

Optimus Health Care, Inc. Medical Plan · STRATFORD, CT · plan year 2024

Broker compensation reported · 2024
$17,216

Optimus Health Care, Inc.'s benefits plans covered 322 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $122,523. Insurance brokers and agents were paid $17,216 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.1% of premiums. That is $53 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 6.0x the $2,858 reported for 2023.

Insurance contracts · 20242
STANDARD INSURANCE COMPANY · life std ltd$123K · 308 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · visionpremiums n/a · 356 covered
Brokers & agents paid · 20243
LOCKTON COMPANIES, LLC$17,166 · incl $17,166 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 060972166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.