Lifespan Corporationbenefits

Lifespan Corporation's benefits plans covered 15,388 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other · death benefits. Insurance premiums totaled $2,193,861. Insurance brokers and agents were paid $1,039,509 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 47.4% of premiums. That is $68 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 27% from $820,443 in 2023.