Providence Medical Associates, Inc.benefits

Providence Medical Associates, Inc.'s benefits plans covered 172 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $493,091. Insurance brokers and agents were paid $335,578 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 68.1% of premiums. That is $1,951 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 22% from $275,719 in 2023.