Lutheran Retirement Ministries of Alamance County, Ncbenefits

Lutheran Retirement Ministries of Alamance County, Nc's benefits plans covered 289 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $131,204. Insurance brokers and agents were paid $49,158 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 37.5% of premiums. That is $170 per covered person, below the median for employer plans that report broker pay. Broker pay rose 19% from $41,434 in 2023.