The Phoenix Center, Inc.benefits

The Phoenix Center, Inc.'s benefits plans covered 191 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $141,613. Insurance brokers and agents were paid $67,704 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 47.8% of premiums. That is $354 per covered person, above the median for employer plans that report broker pay. Broker pay rose 14% from $59,391 in 2023.