Basf Corporationbenefits

Basf Corporation's benefits plans covered 14,350 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $815,224. Insurance brokers and agents were paid $1,264,407 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 155.1% of premiums. That is $88 per covered person, below the median for employer plans that report broker pay. Broker pay rose 59% from $793,094 in 2023.