McDonalds Licensees Health and Welfare Trustbenefits

McDonalds Licensees Health and Welfare Trust's benefits plans covered 20,809 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $239,294,091. Insurance brokers and agents were paid $1,345,560 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.6% of premiums. That is $65 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 2.5% from $1,380,240 in 2023.