Tennessee Farmers Cooperativebenefits

Tennessee Farmers Cooperative's benefits plans covered 1,674 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $522,630. Insurance brokers and agents were paid $77,837 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.9% of premiums. That is $46 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 25% from $104,464 in 2023.