Massachusetts Teachers Associationbenefits

Massachusetts Teachers Association's benefits plans covered 169 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $9,137,442. Insurance brokers and agents were paid $229,793 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.5% of premiums. That is $1,360 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 95% from $118,128 in 2023.