Mba Group Insurance Trustbenefits

Mba Group Insurance Trust's benefits plans covered 14,979 active participants in 2024, providing health · life · dental · vision · other. Insurance premiums totaled $10,159,681. Insurance brokers and agents were paid $1,089,282 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.7% of premiums. That is $73 per covered person, below the median for employer plans that report broker pay. Broker pay fell 88% from $8,932,240 in 2023.