Point B Inc.benefits

Point B Inc.'s benefits plans covered 552 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $487,145. Insurance brokers and agents were paid $15,835 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 $29 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 5.6x the $2,818 reported for 2023.