Hexion Inc.benefits

Hexion Inc.'s benefits plans covered 701 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $598,625. Insurance brokers and agents were paid $23,783 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $34 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 13.1x the $1,809 reported for 2023.