Chelsea Milling Companybenefits

Chelsea Milling Company's benefits plans covered 341 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $1,246,253. Insurance brokers and agents were paid $143,154 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.5% of premiums. That is $420 per covered person, above the median for employer plans that report broker pay. Broker pay fell 1.9% from $145,989 in 2023.