Fortive Corporationbenefits

Fortive Corporation's benefits plans covered 9,034 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $1,431,093. Insurance brokers and agents were paid $182,279 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.7% of premiums. That is $20 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 3.9% from $189,677 in 2023.