Hugh Chatham Memorial Hospitalbenefits

Hugh Chatham Memorial Hospital's benefits plans covered 662 active participants in 2024, providing life · short-term disability · long-term disability · death benefits. Insurance premiums totaled $551,493. Insurance brokers and agents were paid $126,184 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 22.9% of premiums. That is $191 per covered person, above the median for employer plans that report broker pay. Broker pay rose 32% from $95,876 in 2023.