Mississippi Bankers Associationbenefits

Mississippi Bankers Association's benefits plans covered 2,710 active participants in 2024, providing health · life · death benefits. Insurance brokers and agents were paid $447,573 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $165 per covered person, below the median for employer plans that report broker pay. Broker pay rose 6.3% from $421,025 in 2023.