Methodist Home for the Agingbenefits

Methodist Home for the Aging's benefits plans covered 495 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,940,126. Insurance brokers and agents were paid $220,774 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.4% of premiums. That is $446 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 39% from $159,203 in 2023.