Hancock Physician Network, LLCbenefits

Hancock Physician Network, LLC's benefits plans covered 131 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $16,780. Insurance brokers and agents were paid $23,828 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 142.0% of premiums. That is $182 per covered person, below the median for employer plans that report broker pay. Broker pay fell 54% from $51,508 in 2023.