Arkansas Higher Education Consortium Benefits Trustbenefits

Arkansas Higher Education Consortium Benefits Trust's benefits plans covered 1,114 active participants in 2024, providing health · dental · vision · other. Insurance premiums totaled $519,401. Insurance brokers and agents were paid $48,191 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.3% of premiums. That is $43 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 1.3% from $48,840 in 2023.