Velocity, a Managed Service Company, Inc.benefits

Velocity, a Managed Service Company, Inc.'s benefits plans covered 415 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $160,249 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $386 per covered person, above the median for employer plans that report broker pay. Broker pay rose 19% from $135,075 in 2023.