The Citizens Bankbenefits

The Citizens Bank's benefits plans covered 131 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $1,453,300. Insurance brokers and agents were paid $28,847 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.0% of premiums. That is $220 per covered person, above the median for employer plans that report broker pay. Broker pay rose 12% from $25,802 in 2023.