Morse Operations, Inc.benefits

Morse Operations, Inc.'s benefits plans covered 2,119 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $12,240,042. Insurance brokers and agents were paid $218,048 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.8% of premiums. That is $103 per covered person, below the median for employer plans that report broker pay. Broker pay fell 20% from $271,143 in 2023.