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Broker Commissions

  • 1.  Broker Commissions

    Posted 08-27-2018 14:20
    I have a question for my fellow general members.

    We've been told that the commission rate we are paying for our group medical/dental insurance coverage is much higher than it should be.  I have no idea what rate is normal and I'm not sure if this is just a sales pitch.  If you're willing to share, can you give me a range of what we should be paying?  We are quite happy with our broker, but I need to know if we are paying too much.

    Thank you for whatever insight you are willing to offer,
    Christine

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    Christine Kettelkamp CPA, CMA, CCIFP
    CFO
    Jenco Inc.
    Scottsdale AZ
    (480) 513-1601
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  • 2.  RE: Broker Commissions

    Posted 08-28-2018 10:03
    I am confused - are you saying you are paying your broker directly? Or are you saying the amount paid to your broker by your insurance company is too high?

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    Lynne Pace BS
    Chief Financial Officer
    Kinkaid Civil Construction
    Mesa AZ
    (480) 646-4438
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