Service Alternatives, Inc.benefits

Service Alternatives, Inc.'s benefits plans covered 356 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $80,640. Insurance brokers and agents were paid $728 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.9% of premiums. That is $2 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 32% from $1,063 in 2023.