Pikeville Medical Center, Inc.benefits

Pikeville Medical Center, Inc.'s benefits plans covered 3,069 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $958,601. Insurance brokers and agents were paid $145,653 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.2% of premiums. That is $47 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 25% from $116,752 in 2023.