Orica USA Inc.benefits

Orica USA Inc.'s benefits plans covered 495 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $274,614. Insurance brokers and agents were paid $59,648 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.7% of premiums. That is $121 per covered person, below the median for employer plans that report broker pay. Broker pay rose 27% from $47,063 in 2023.