Monroe Operations LLC dba Newport Healthcarebenefits

Monroe Operations LLC dba Newport Healthcare's benefits plans covered 2,855 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,333,604. Insurance brokers and agents were paid $446,762 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 33.5% of premiums. That is $156 per covered person, below the median for employer plans that report broker pay. Broker pay rose 16% from $384,915 in 2023.