Highland Telephone Cooperative Inc.benefits

Highland Telephone Cooperative Inc.'s benefits plan covered 107 active participants in 2023, providing life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $267,641. Insurance brokers and agents were paid $79,675 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 29.8% of premiums. That is $745 per covered person, in the top 10% of employer plans that report broker pay.