Umc Physiciansbenefits
Umc Physicians Health Benefit Plan · LUBBOCK, TX · plan year 2024
Umc Physicians's benefits plans covered 459 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $141,802. Insurance brokers and agents were paid $445,747 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 314.3% of premiums. That is $971 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 6.1x the $73,650 reported for 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 752646477 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.