Norma Michigan, Inc.benefits

Norma Michigan, Inc.'s benefits plans covered 975 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $7,749,383. Insurance brokers and agents were paid $192,098 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.5% of premiums. That is $197 per covered person, above the median for employer plans that report broker pay. Broker pay rose 24% from $154,704 in 2023.