Ownbackup Inc.benefits

Ownbackup Inc.'s benefits plans covered 475 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $480,799. Insurance brokers and agents were paid $222,911 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 46.4% of premiums. That is $469 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 64% from $135,530 in 2023.