Manufacturer & Business Associationbenefits

Manufacturer & Business Association's benefits plans covered 7,438 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $600,374. Insurance brokers and agents were paid $354,677 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 59.1% of premiums. That is $48 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 2.4% from $363,473 in 2023.