Bioventus LLCbenefits

Bioventus LLC's benefits plans covered 905 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $710,432. Insurance brokers and agents were paid $71,027 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.0% of premiums. That is $78 per covered person, below the median for employer plans that report broker pay. Broker pay fell 13% from $82,051 in 2023.