Precision Medical, Inc.benefits

Precision Medical, Inc.'s benefits plan covered 96 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $832,996. Insurance brokers and agents were paid $82,962 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.0% of premiums. That is $864 per covered person, in the top 10% of employer plans that report broker pay.