Amplifybiobenefits

Amplifybio's benefits plans covered 328 active participants in 2023, providing life · short-term disability · long-term disability · death benefits. Insurance premiums totaled $113,904. Insurance brokers and agents were paid $129,424 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 113.6% of premiums. That is $395 per covered person, above the median for employer plans that report broker pay.