Great Lakes Msobenefits

Great Lakes Mso's benefits plans covered 79 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $668,219. Insurance brokers and agents were paid $39,853 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.0% of premiums. That is $504 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 9.6% from $44,084 in 2023.