Millwood, Inc.benefits

Millwood, Inc.'s benefits plans covered 2,842 active participants in 2024, providing health · life. Insurance premiums totaled $2,109,286. Insurance brokers and agents were paid $11,279 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.5% of premiums. That is $4 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 64% from $6,890 in 2023.