Q-Mation, Inc.benefits

Q-Mation, Inc.'s benefits plans covered 265 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,287,498. Insurance brokers and agents were paid $48,468 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.5% of premiums. That is $183 per covered person, below the median for employer plans that report broker pay. Broker pay rose 68% from $28,860 in 2023.