Plan Ledger DOL Form 5500 · updated monthly

Maine Community Health Optionsbenefits

Health Options People Benefit Plan · NEW GLOUCESTER, ME · plan year 2023

Broker compensation reported · 2023
$10,599

Maine Community Health Options's benefits plan covered 311 active participants in 2023, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $201,924. Insurance brokers and agents were paid $10,599 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $34 per covered person, in the bottom quarter of employer plans that report broker pay.

Insurance contracts · 20234
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltd$202K · 161 covered
DELTA DENTAL PLAN OF MAINE · dentalpremiums n/a · 332 covered
HEALTH OPTIONS PEOPLE BENEFIT PLAN · healthpremiums n/a · 100,000 covered
VISION SERVICE PLAN · visionpremiums n/a · 137 covered
Brokers & agents paid · 20232
CROSS INSURANCE$9,045
CROSS FINANCIAL CORP.$1,554
Also brokered by Cross Insurance5
Innovive Health MA$262,182

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 453416923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.