Collagen Matrix, Inc.,benefits

Collagen Matrix, Inc.,'s benefits plans covered 159 active participants in 2024, providing life · short-term disability · long-term disability. Insurance premiums totaled $90,521. Insurance brokers and agents were paid $141,850 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 156.7% of premiums. That is $892 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 33% from $107,022 in 2023.