Mbpbenefits

Mbp's benefits plan covered 311 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $297,979. Insurance brokers and agents were paid $223,550 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 75.0% of premiums. That is $719 per covered person, in the top 10% of employer plans that report broker pay.