Alabama Medical Group, P.C.benefits

Alabama Medical Group, P.C.'s benefits plans covered 197 active participants in 2024, providing health · life · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,538,500. Insurance brokers and agents were paid $86,105 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.4% of premiums. That is $437 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 11.7x the $7,341 reported for 2023.