Wake Forest Baptist Medical Centerbenefits

Wake Forest Baptist Medical Center's benefits plans covered 23,335 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits · other · vision. Insurance premiums totaled $76,192. Insurance brokers and agents were paid $972,054 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1275.8% of premiums. That is $42 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 61% from $601,964 in 2023.