Westminster Village Northbenefits

Westminster Village North's benefits plans covered 195 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $64,280. Insurance brokers and agents were paid $21,038 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 32.7% of premiums. That is $108 per covered person, below the median for employer plans that report broker pay. Broker pay rose 24% from $16,909 in 2023.