Hastings Mutual Insurance Companybenefits

Hastings Mutual Insurance Company's benefits plans covered 460 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $492,245. Insurance brokers and agents were paid $250,240 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 50.8% of premiums. That is $544 per covered person, in the top quarter of employer plans that report broker pay.