Med Plan Salary

As of October 2026, the average annual salary for employees at Med Plan in the United States is $87,443. This translates to an approximate hourly wage of $42. Salaries at Med Plan typically range from $76,937 to $98,868 annually, reflecting the diverse roles and experience levels within the company.
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Is Med Plan’s Pay Competitive? Salary Benchmarking Analysis

How does Med Plan's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Dabdoub Insurance $89,015
+1.8%
Indicates identical technical requirements and experience levels between the two firms.
Chris Bernard $90,249
+3.2%
Adjusted for higher cost-of-living indices in Chris Bernard's primary metro hubs.
National Benefit Advisory Inc $99,752
+14.1%
Supported by National Benefit Advisory Inc's high-margin contracts allowing higher overhead.
The Meehan Agency LLC $86,261
-1.4%
Confirms The Meehan Agency LLC is a direct competitor vying for the exact same talent pool.
Insurance Industry $123,858
+41.6%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Med Plan

Considering a career at Med Plan? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
I’ve been with this company for three years, and it’s been a positive journey. The leadership team is supportive, and the work culture is inclusive. Colleagues are respectful, though departments could communicate better.
It’s a dependable company with consistent performance expectations. The office space is modern, and remote work options are a big plus. The insurance training is top-notch, with access to industry certifications. A motivating place to work.
Flexible work options are a big plus. The office atmosphere is welcoming, and there are regular team-building activities that help strengthen colleague relationships. The training programs are excellent, helping employees stay updated in the insurance field. The orhanization have established protocols for most tasks, which can be helpful for efficiency. The company embraces modern work trends, off...

Med Plan Overview

Website
www.305medplan.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Insurance
Headquarter Address
6840 Bird Rd Miami Florida FL 33155
Revenue
<$5 Million
Phone Number
-
Social Media
About Med Plan
Med Plan is a company that operates in the Architecture & Planning industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Miami, Florida.

What Benefits Does Med Plan Offer Beyond Salary?

A competitive compensation package is more than just a salary. Med Plan offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Miami?

Understanding the cost of living near Miami is key to truly evaluating a salary offer or your current compensation at Med Plan.
Miami's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 14.0% more than FL average). Major international city, very high housing costs, vibrant culture, significant traffic. Metrorail/Metromover/Bus. When planning your budget based on a salary from Med Plan, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,800+ A significant portion of Med Plan salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $112.50 (Miami-Dade EASY Ticket monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,262 - $5,332+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Med Plan

1. What is the average salary for employees at Med Plan?

The average annual total compensation for employees at Med Plan is approximately $87,443. However, this is an aggregate figure, actual salaries can range significantly, typically from $76,937 to $98,868, depending on factors like job role, experience, and location.

2. How much does Med Plan pay compared to Dabdoub Insurance?

The average annual salary at Med Plan is $87,443, or an hourly wage of $42, in comparison to Dabdoub Insurance which pays $89,015 per year or $43 per hour.

3. How does having a professional certification impact salary for relevant roles at Med Plan?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Med Plan for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Med Plan offer cost-of-living adjustments (COLA) for employees in high-cost areas like Miami?

While some companies offer formal COLA, many, including potentially Med Plan, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Med Plan?

Most companies, likely including Med Plan, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.