Milwaukee Institute of Art and Designbenefits

Milwaukee Institute of Art and Design's benefits plans covered 134 active participants in 2024, providing life · long-term disability · death benefits · other. Insurance premiums totaled $109,972. Insurance brokers and agents were paid $9,836 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.9% of premiums. That is $73 per covered person, below the median for employer plans that report broker pay. Broker pay fell 4.6% from $10,308 in 2023.