Massachusetts Bankers Association Inc.benefits

Massachusetts Bankers Association Inc.'s benefits plans covered 10,246 active participants in 2024, providing health · dental · death benefits. Insurance premiums totaled $199,601,865. Insurance brokers and agents were paid $2,978 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.0% of premiums. That is $0 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 1.9% from $2,922 in 2023.