The Michaels Organizationbenefits

The Michaels Organization's benefits plan covered 2,009 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $538,196 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $268 per covered person, above the median for employer plans that report broker pay.