The Michigan Health and Hospital Associationbenefits

The Michigan Health and Hospital Association's benefits plans covered 100 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $1,710,790. Insurance brokers and agents were paid $99,552 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.8% of premiums. That is $996 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 7.8% from $92,367 in 2023.