International Falls Memorial Hospital Associationbenefits

International Falls Memorial Hospital Association's benefits plans covered 200 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits. Insurance premiums totaled $76,743. Insurance brokers and agents were paid $15,865 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.7% of premiums. That is $79 per covered person, below the median for employer plans that report broker pay. Broker pay rose 6.7% from $14,863 in 2023.