Norwood Medical LLCbenefits

Norwood Medical LLC's benefits plans covered 1,128 active participants in 2024, providing life. Insurance premiums totaled $15,011,643. Insurance brokers and agents were paid $159,004 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.1% of premiums. That is $141 per covered person, below the median for employer plans that report broker pay. Broker pay rose 3.2% from $154,058 in 2023.