Lawrence Memorial Health Foundation, Inc.benefits

Lawrence Memorial Health Foundation, Inc.'s benefits plans covered 175 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $151,322. Insurance brokers and agents were paid $30,482 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.1% of premiums. That is $174 per covered person, below the median for employer plans that report broker pay. Broker pay rose 3.3% from $29,505 in 2023.