Pay and Save, Inc.benefits

Pay and Save, Inc.'s benefits plans covered 1,633 active participants in 2024, providing health · life · dental · death benefits. Insurance premiums totaled $11,545,994. Insurance brokers and agents were paid $379,518 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.3% of premiums. That is $232 per covered person, above the median for employer plans that report broker pay. Broker pay rose 31% from $290,060 in 2023.