MD Value Care Benefits Consortiumbenefits

MD Value Care Benefits Consortium's benefits plans covered 1,841 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $1,100,055. Insurance brokers and agents were paid $43,354 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.9% of premiums. That is $24 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 3.4% from $44,887 in 2023.