Washington Corporationsbenefits

Washington Corporations's benefits plans covered 2,017 active participants in 2024, providing life · long-term disability · other. Insurance premiums totaled $833,234. Insurance brokers and agents were paid $148,727 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.8% of premiums. That is $74 per covered person, below the median for employer plans that report broker pay. Broker pay fell 54% from $325,722 in 2023.