Elevatebio LLCbenefits

Elevatebio LLC's benefits plans covered 392 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $8,037,553. Insurance brokers and agents were paid $171,960 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.1% of premiums. That is $439 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 1.6% from $169,325 in 2023.