Billings Clinicbenefits

Billings Clinic's benefits plans covered 3,212 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,695,409. Insurance brokers and agents were paid $434,441 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.8% of premiums. That is $135 per covered person, below the median for employer plans that report broker pay. Broker pay rose 5.4% from $412,125 in 2023.