Magellan Health, Inc.benefits

Magellan Health, Inc.'s benefits plans covered 4,959 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $1,113,660 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $225 per covered person, above the median for employer plans that report broker pay. Broker pay rose 22% from $914,541 in 2023.