Mainstay Life Services, Inc.benefits

Mainstay Life Services, Inc.'s benefits plans covered 285 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $20,792. Insurance brokers and agents were paid $56,277 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 270.7% of premiums. That is $197 per covered person, above the median for employer plans that report broker pay. Broker pay fell 61% from $144,851 in 2023.