Hospitality Industry Health Insurance Trustbenefits

Hospitality Industry Health Insurance Trust's benefits plans covered 4,195 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $376,204. Insurance brokers and agents were paid $12,955 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.4% of premiums. That is $3 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 31% from $18,817 in 2023.