St. Luke's Health Network, Inc.benefits

St. Luke's Health Network, Inc.'s benefits plans covered 18,385 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,680,982. Insurance brokers and agents were paid $713,070 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 26.6% of premiums. That is $39 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 21% from $587,248 in 2023.