Special Agents Mutual Benefit Associationbenefits

Special Agents Mutual Benefit Association's benefits plans covered 108,563 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $13,258,130. Insurance brokers and agents were paid $2,481,705 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.7% of premiums. That is $23 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 3.5% from $2,396,890 in 2023.