St. Barnabas Health System, Incbenefits

St. Barnabas Health System, Inc's benefits plans covered 388 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $586,303. Insurance brokers and agents were paid $11,835 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.0% of premiums. That is $31 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 49% from $23,332 in 2023.