Quipt Home Medicalbenefits

Quipt Home Medical's benefits plans covered 584 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $411,714. Insurance brokers and agents were paid $406,071 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 98.6% of premiums. That is $695 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 11.0x the $37,010 reported for 2023.