Renewal, Inc.benefits

Renewal, Inc.'s benefits plans covered 151 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $17,059. Insurance brokers and agents were paid $28,935 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 169.6% of premiums. That is $192 per covered person, above the median for employer plans that report broker pay. Broker pay fell 28% from $40,159 in 2023.