Medical Care Development, Inc.benefits

Medical Care Development, Inc.'s benefits plans covered 126 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $125,330. Insurance brokers and agents were paid $77,685 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 62.0% of premiums. That is $617 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 76% from $44,056 in 2023.