Lhb, Incbenefits

Lhb, Inc's benefits plans covered 195 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $154,004. Insurance brokers and agents were paid $6,363 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.1% of premiums. That is $33 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 22.5x the $283 reported for 2023.