Health Services Management of Tennessee, LLCbenefits

Health Services Management of Tennessee, LLC's benefits plans covered 1,270 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $4,796,361. Insurance brokers and agents were paid $284,652 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.9% of premiums. That is $224 per covered person, above the median for employer plans that report broker pay. Broker pay rose 31% from $217,180 in 2023.