The Musical Arts Associationbenefits

The Musical Arts Association's benefits plans covered 203 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $222,869. Insurance brokers and agents were paid $31,766 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.3% of premiums. That is $156 per covered person, below the median for employer plans that report broker pay. Broker pay fell 29% from $44,528 in 2023.