Orchard Placebenefits

Orchard Place's benefits plans covered 278 active participants in 2024, providing life · long-term disability. Insurance premiums totaled $116,664. Insurance brokers and agents were paid $36,086 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.9% of premiums. That is $130 per covered person, below the median for employer plans that report broker pay. Broker pay rose 27% from $28,453 in 2023.