Vrc Companies LLC Health & Ancillary Benefits Planbenefits

Vrc Companies LLC Health & Ancillary Benefits Plan's benefits plans covered 1,698 active participants in 2024, providing short-term disability · long-term disability · life · death benefits. Insurance premiums totaled $1,026,397. Insurance brokers and agents were paid $281,291 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 27.4% of premiums. That is $166 per covered person, below the median for employer plans that report broker pay. Broker pay rose 15% from $244,665 in 2023.