Hollingsworth and Vosebenefits

Hollingsworth and Vose's benefits plans covered 960 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $11,835,390. Insurance brokers and agents were paid $56,768 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.5% of premiums. That is $59 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 51% from $115,004 in 2023.