Binson's Hospital Supplies, Inc. Wrap Planbenefits

Binson's Hospital Supplies, Inc. Wrap Plan's benefits plans covered 754 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,820,647. Insurance brokers and agents were paid $119,619 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. That is $159 per covered person, below the median for employer plans that report broker pay. Broker pay fell 15% from $140,584 in 2023.