Genesis Health Systembenefits

Genesis Health System's benefits plan covered 3,454 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,055,336. Insurance brokers and agents were paid $594,190 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.4% of premiums. That is $172 per covered person, below the median for employer plans that report broker pay.