Memorial Healthcarebenefits

Memorial Healthcare's benefits plans covered 1,401 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,205,270. Insurance brokers and agents were paid $155,156 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.9% of premiums. That is $111 per covered person, below the median for employer plans that report broker pay. Broker pay rose 15% from $134,990 in 2023.