Joseph L. Morse Geriatric Centerbenefits

Joseph L. Morse Geriatric Center's benefits plans covered 869 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $684,129. Insurance brokers and agents were paid $414,753 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 60.6% of premiums. That is $477 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 93% from $214,422 in 2023.