Farmers Telecommunications Cooperative, Incbenefits

Farmers Telecommunications Cooperative, Inc's benefits plans covered 176 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,173,461. Insurance brokers and agents were paid $55,174 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.7% of premiums. That is $313 per covered person, above the median for employer plans that report broker pay. Broker pay rose 23% from $45,034 in 2023.