Foley Hoag LLPbenefits

Foley Hoag LLP's benefits plans covered 652 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $11,222,586. Insurance brokers and agents were paid $476,976 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $732 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 3.2% from $492,825 in 2023.