Republic Finance, LLCbenefits

Republic Finance, LLC's benefits plans covered 1,304 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $7,592,647. Insurance brokers and agents were paid $239,347 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.2% of premiums. That is $184 per covered person, below the median for employer plans that report broker pay. Broker pay fell 8.7% from $262,186 in 2023.