Genscript USA Inc.benefits

Genscript USA Inc.'s benefits plans covered 383 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $250,064. Insurance brokers and agents were paid $204,621 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 81.8% of premiums. That is $534 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 20% from $170,332 in 2023.