Medstar, Inc.benefits

Medstar, Inc.'s benefits plans covered 652 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $183,735. Insurance brokers and agents were paid $152,183 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 82.8% of premiums. That is $233 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.1% from $146,149 in 2023.