Massachusetts Mutual Life Insurance Companybenefits

Massachusetts Mutual Life Insurance Company's benefits plans covered 7,352 active participants in 2024, providing health · dental · vision · life · long-term disability · death benefits. Insurance premiums totaled $797,752. Insurance brokers and agents were paid $254,633 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 31.9% of premiums. That is $35 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 0.6% from $253,006 in 2023.