Maine Education Associationbenefits

Maine Education Association's benefits plans covered 26,948 active participants in 2024, providing health · vision. Insurance premiums totaled $563,104,417. Insurance brokers and agents were paid $4,120,296 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.7% of premiums. That is $153 per covered person, below the median for employer plans that report broker pay. Broker pay rose 6.5% from $3,869,736 in 2023.