H.M. Providers Inc.benefits

H.M. Providers Inc.'s benefits plans covered 134 active participants in 2024, providing life · short-term disability · long-term disability · other. Insurance premiums totaled $392,651. Insurance brokers and agents were paid $69,070 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.6% of premiums. That is $515 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 11% from $77,237 in 2023.