Healthequity Inc.benefits

Healthequity Inc.'s benefits plans covered 3,175 active participants in 2024. Insurance premiums totaled $448,161. Insurance brokers and agents were paid $186,547 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.6% of premiums. That is $59 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 2.6% from $191,536 in 2023.