Abiomed, Inc.benefits

Abiomed, Inc.'s benefits plan covered 1,674 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $954,132. Insurance brokers and agents were paid $149,287 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.6% of premiums. That is $89 per covered person, below the median for employer plans that report broker pay.