Monarchbenefits

Monarch's benefits plans covered 608 active participants in 2024, providing health · other · life. Insurance brokers and agents were paid $8,668 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $14 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 74% from $32,895 in 2023.