Marsh & McLennan Companies, Inc.benefits

Marsh & McLennan Companies, Inc.'s benefits plans covered 18,834 active participants in 2024, providing health · life · dental · long-term disability · other. Insurance premiums totaled $5,431,183. Insurance brokers and agents were paid $1,476,503 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 27.2% of premiums. That is $78 per covered person, below the median for employer plans that report broker pay. Broker pay rose 2.5% from $1,439,854 in 2023.