Blue Cross Blue Shield of Massachusetts, Inc.benefits

Blue Cross Blue Shield of Massachusetts, Inc.'s benefits plans covered 4,524 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $428,052. Insurance brokers and agents were paid $85,000 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.9% of premiums. That is $19 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 10% from $94,560 in 2023.