Maine Bankers Associationbenefits

Maine Bankers Association's benefits plans covered 2,710 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $71,083 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $26 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 1.0% from $70,384 in 2023.