Miami Management, Inc.benefits

Miami Management, Inc.'s benefits plans covered 265 active participants in 2024, providing health · life · dental · vision · other. Insurance premiums totaled $1,536,990. Insurance brokers and agents were paid $52,291 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.4% of premiums. That is $197 per covered person, above the median for employer plans that report broker pay. Broker pay fell 40% from $87,067 in 2023.