Propharma Group, LLCbenefits

Propharma Group, LLC's benefits plans covered 990 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $14,905,784. Insurance brokers and agents were paid $434,700 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $439 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 57% from $277,210 in 2023.