Veris Residential, Inc.benefits

Veris Residential, Inc.'s benefits plans covered 210 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $194,174. Insurance brokers and agents were paid $26,942 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.9% of premiums. That is $128 per covered person, below the median for employer plans that report broker pay. Broker pay fell 6.9% from $28,935 in 2023.