First Mid Bancshares, Incbenefits

First Mid Bancshares, Inc's benefits plans covered 1,221 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $51,089 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $42 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 6.4% from $48,020 in 2023.