Mid-Pacific Institutebenefits

Mid-Pacific Institute's benefits plans covered 438 active participants in 2024, providing life · long-term disability · other. Insurance premiums totaled $42,387. Insurance brokers and agents were paid $16,209 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 38.2% of premiums. That is $37 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 0.8% from $16,084 in 2023.