Farmers Mutual Insurance Company of Nebraskabenefits

Farmers Mutual Insurance Company of Nebraska's benefits plans covered 424 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $4,540,895. Insurance brokers and agents were paid $180,723 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $426 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 4.4x the $40,882 reported for 2023.