Lutheran Homes of South Carolina Inc.benefits

Lutheran Homes of South Carolina Inc.'s benefits plans covered 469 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,885,898. Insurance brokers and agents were paid $69,094 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.8% of premiums. That is $147 per covered person, below the median for employer plans that report broker pay. Broker pay fell 70% from $233,960 in 2023.