Hanwha Azdelbenefits

Hanwha Azdel's benefits plans covered 244 active participants in 2024, providing life · dental · short-term disability · long-term disability · death benefits. Insurance premiums totaled $197,979. Insurance brokers and agents were paid $87,344 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 44.1% of premiums. That is $358 per covered person, above the median for employer plans that report broker pay. Broker pay fell 31% from $125,831 in 2023.