Biolife Solutionsbenefits

Biolife Solutions's benefits plans covered 167 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $181,019. Insurance brokers and agents were paid $14,575 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.1% of premiums. That is $87 per covered person, below the median for employer plans that report broker pay. Broker pay fell 31% from $21,265 in 2023.