St. James Hospitalbenefits

St. James Hospital's benefits plans covered 241 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,318,333. Insurance brokers and agents were paid $119,915 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $498 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 15% from $103,952 in 2023.