The Citizens Bankbenefits

The Citizens Bank's benefits plan covered 215 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,840,058. Insurance brokers and agents were paid $59,310 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 $276 per covered person, above the median for employer plans that report broker pay.