Madison Energy Solutions Corporationbenefits

Madison Energy Solutions Corporation's benefits plans covered 139 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $120,303. Insurance brokers and agents were paid $78,615 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 65.3% of premiums. That is $566 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 5.8x the $13,609 reported for 2023.