Hope Networkbenefits

Hope Network's benefits plans covered 2,600 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $739,674. Insurance brokers and agents were paid $305,129 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.3% of premiums. That is $117 per covered person, below the median for employer plans that report broker pay. Broker pay rose 28% from $238,748 in 2023.