Hendrix Collegebenefits

Hendrix College's benefits plans covered 324 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $181,085. Insurance brokers and agents were paid $34,161 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.9% of premiums. That is $105 per covered person, below the median for employer plans that report broker pay. Broker pay fell 88% from $276,836 in 2023.