Rainbow USA, Inc.benefits

Rainbow USA, Inc.'s benefits plans covered 504 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $348,295. Insurance brokers and agents were paid $76,314 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.9% of premiums. That is $151 per covered person, below the median for employer plans that report broker pay. Broker pay fell 8.7% from $83,592 in 2023.