Ford Motor Companybenefits

Ford Motor Company's benefits plans covered 159,586 active participants in 2024, providing life · short-term disability · other. Insurance premiums totaled $337,772,596. Insurance brokers and agents were paid $966,272 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.3% of premiums. That is $6 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 138% from $405,694 in 2023.