Shands Teaching Hospital and Clinics, Inc.benefits

Shands Teaching Hospital and Clinics, Inc.'s benefits plans covered 11,438 active participants in 2024, providing long-term disability. Insurance premiums totaled $9,145,193. Insurance brokers and agents were paid $3,682,804 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 40.3% of premiums. That is $322 per covered person, above the median for employer plans that report broker pay. Broker pay rose 133% from $1,580,607 in 2023.