Milwaukee School of Engineeringbenefits

Milwaukee School of Engineering's benefits plans covered 358 active participants in 2024, providing health · life · short-term disability · long-term disability. Insurance premiums totaled $1,115,969. Insurance brokers and agents were paid $159,498 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.3% of premiums. That is $446 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 11.5x the $13,830 reported for 2023.