Medbest Medical Management, Inc.benefits
Medbest Medical Management, Inc. Welfare Benefits Plan · SYRACUSE, NY · plan year 2024
Medbest Medical Management, Inc.'s benefits plans covered 736 active participants in 2024, providing health · life · dental · long-term disability · death benefits · vision · short-term disability · other. Insurance premiums totaled $8,983,417. Insurance brokers and agents were paid $277,403 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. That is $377 per covered person, above the median for employer plans that report broker pay. Broker pay rose 14% from $243,258 in 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 161504941 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.