New Jersey Hospital Associationbenefits

New Jersey Hospital Association's benefits plans covered 107 active participants in 2024, providing health · dental · other. Insurance premiums totaled $536,610. Insurance brokers and agents were paid $3,306 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.6% of premiums. That is $31 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 4.7% from $3,157 in 2023.