Riverside Health Systembenefits
Health and Welfare Plan for Employees of Riverside Health System · NEWPORT NEWS, VA · plan year 2024
Riverside Health System's benefits plans covered 6,946 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,960,588. Insurance brokers and agents were paid $1,333,537 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 45.0% of premiums. That is $192 per covered person, above the median for employer plans that report broker pay. Broker pay rose 22% from $1,095,353 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521241840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.