Regions Hospitalbenefits
Regions Hospital Welfare Benefits Wrap Plan · MINNEAPOLIS, MN · plan year 2024
Regions Hospital's benefits plans covered 6,297 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $3,850,749. Insurance brokers and agents were paid $119,449 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. That is $19 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 32% from $90,645 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 410956618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.