Vedder Price P.C.benefits

Vedder Price P.C.'s benefits plans covered 538 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,059,218. Insurance brokers and agents were paid $79,430 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.5% of premiums. That is $148 per covered person, below the median for employer plans that report broker pay. Broker pay fell 4.3% from $83,002 in 2023.