Springs Co and Affiliates Health Benefit Planbenefits

Springs Co and Affiliates Health Benefit Plan's benefits plans covered 186 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $3,490,451. Insurance brokers and agents were paid $14,033 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.4% of premiums. That is $75 per covered person, below the median for employer plans that report broker pay. Broker pay fell 2.4% from $14,382 in 2023.