Association of Equipment Manufacturersbenefits

Association of Equipment Manufacturers's benefits plans covered 117 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $76,927. Insurance brokers and agents were paid $39,049 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 50.8% of premiums. That is $334 per covered person, above the median for employer plans that report broker pay. Broker pay rose 3.7% from $37,653 in 2023.