Healthymdbenefits

Healthymd's benefits plans covered 113 active participants in 2024, providing life · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,724,467. Insurance brokers and agents were paid $125,307 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.3% of premiums. That is $1,109 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 8.5x the $14,826 reported for 2023.