Utah Manufacturers Associationbenefits

Utah Manufacturers Association's benefits plans covered 2,786 active participants in 2024, providing health. Insurance premiums totaled $30,369,746. Insurance brokers and agents were paid $1,811,213 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.0% of premiums. That is $650 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 22% from $1,479,633 in 2023.