Plan Ledger DOL Form 5500 · updated monthly

Best Option Healthcare Pr Inc.benefits

Best Option Healthcare Puerto Rico Inc. · SAN JUAN, PR · plan year 2023

Broker compensation reported · 2023
$137,652

Best Option Healthcare Pr Inc.'s benefits plan covered 180 active participants in 2023, providing health · life · dental · vision · other. Insurance premiums totaled $781,307. Insurance brokers and agents were paid $137,652 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.6% of premiums. That is $765 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20231
MCS LIFE INSURANCE COMPANY · health drug dental vision life ppo$781K · 180 covered
Brokers & agents paid · 20232
MCS LIFE INSURANCE COMPANY$92,227 · incl $92,227 fees
MYRIAD BENEFITS INCL$45,425

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 660499131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.