Milton Academybenefits

Milton Academy's benefits plans covered 372 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $5,960,071. Insurance brokers and agents were paid $173,349 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $466 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 26% from $137,674 in 2023.