Huntington Bancshares Incorporatedbenefits

Huntington Bancshares Incorporated's benefits plans covered 20,310 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,763,677. Insurance brokers and agents were paid $457,247 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.1% of premiums. That is $23 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 7.2% from $426,693 in 2023.