United Parcel Service Companybenefits

United Parcel Service Company's benefits plans covered 2,989 active participants in 2023, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $632,179. Insurance brokers and agents were paid $171,242 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 27.1% of premiums. That is $57 per covered person, in the bottom quarter of employer plans that report broker pay.