Spectrum Healthcare Group, Inc.benefits

Spectrum Healthcare Group, Inc.'s benefits plans covered 263 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $172,860. Insurance brokers and agents were paid $7,100 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.1% of premiums. That is $27 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 36% from $5,209 in 2023.