Exactech, Inc.benefits

Exactech, Inc.'s benefits plans covered 564 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $713,063. Insurance brokers and agents were paid $94,056 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.2% of premiums. That is $167 per covered person, below the median for employer plans that report broker pay. Broker pay rose 62% from $57,902 in 2023.