Ion Financial, Mhcbenefits

Ion Financial, Mhc's benefits plans covered 411 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $277,821. Insurance brokers and agents were paid $52,009 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.7% of premiums. That is $127 per covered person, below the median for employer plans that report broker pay. Broker pay fell 7.4% from $56,192 in 2024.