Virtual Marketing Strategies, Inc.benefits

Virtual Marketing Strategies, Inc.'s benefits plans covered 195 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $250,727. Insurance brokers and agents were paid $87,862 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 35.0% of premiums. That is $451 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 81% from $48,484 in 2023.