The Francis Marion Hotelbenefits

The Francis Marion Hotel's benefits plans covered 125 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,268,982. Insurance brokers and agents were paid $15,456 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.2% of premiums. That is $124 per covered person, below the median for employer plans that report broker pay. Broker pay fell 23% from $20,080 in 2023.