Opto 22benefits

Opto 22's benefits plans covered 133 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $91,404. Insurance brokers and agents were paid $62,613 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 68.5% of premiums. That is $471 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 19% from $52,646 in 2023.