Center for Breakthrough Medicinesbenefits
Center for Breakthrough Medicines Health & Welfare Plan · KING OF PRUSSIA, PA · plan year 2024
Center for Breakthrough Medicines's benefits plans covered 308 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,165,641. Insurance brokers and agents were paid $224,157 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.1% of premiums. That is $728 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 12% from $256,018 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 833099487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.