Magnolia Riverbenefits

Magnolia River's benefits plan covered 883 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $8,469,165. Insurance brokers and agents were paid $75,746 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.9% of premiums. That is $86 per covered person, below the median for employer plans that report broker pay.