Madison Medical Affiliatesbenefits

Madison Medical Affiliates's benefits plans covered 242 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $211,808. Insurance brokers and agents were paid $1,073,160 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 506.7% of premiums. That is $4,435 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 12.8x the $83,944 reported for 2023.