Lyondell Chemical Companybenefits

Lyondell Chemical Company's benefits plans covered 8,602 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $485,409. Insurance brokers and agents were paid $535,868 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 110.4% of premiums. That is $62 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 27% from $421,319 in 2023.