Vizance, Inc.benefits

Vizance, Inc.'s benefits plans covered 283 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $117,855. Insurance brokers and agents were paid $25,683 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.8% of premiums. That is $91 per covered person, below the median for employer plans that report broker pay. Brokers were paid 4.6x the $5,558 reported for 2023.