Mc Dean Incbenefits

Mc Dean Inc's benefits plans covered 5,691 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $4,775,268. Insurance brokers and agents were paid $1,989,960 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.7% of premiums. That is $350 per covered person, above the median for employer plans that report broker pay. Broker pay rose 21% from $1,637,996 in 2023.