Ballad Healthbenefits

Ballad Health's benefits plans covered 11,024 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $6,732,008. Insurance brokers and agents were paid $1,072,153 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.9% of premiums. That is $97 per covered person, below the median for employer plans that report broker pay. Broker pay rose 9.8% from $976,120 in 2023.