Fairfield Medical Centerbenefits
Fairfield Medical Center Flexible Benefits Plan · LANCASTER, OH · plan year 2024
Fairfield Medical Center's benefits plans covered 2,982 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other · death benefits. Insurance premiums totaled $5,102,892. Insurance brokers and agents were paid $2,022,546 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 39.6% of premiums. That is $678 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 4.8x the $419,115 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 310645626 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.