Hotel Development and Management Groupbenefits

Hotel Development and Management Group's benefits plan covered 453 active participants in 2023, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $1,831,262. Insurance brokers and agents were paid $128,002 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.0% of premiums. That is $283 per covered person, above the median for employer plans that report broker pay.