Memorial Medical Groupbenefits

Memorial Medical Group's benefits plans covered 160 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,534,116. Insurance brokers and agents were paid $70,253 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.6% of premiums. That is $439 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 14% from $61,389 in 2023.