H. T. Hackney Companybenefits

H. T. Hackney Company's benefits plans covered 3,714 active participants in 2024, providing life · short-term disability · long-term disability · other · dental · vision. Insurance premiums totaled $1,259,478. Insurance brokers and agents were paid $568,821 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 45.2% of premiums. That is $153 per covered person, below the median for employer plans that report broker pay. Broker pay rose 11% from $514,091 in 2023.