Globus Medical, Inc.benefits

Globus Medical, Inc.'s benefits plans covered 2,549 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $231,187. Insurance brokers and agents were paid $230,137 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 99.5% of premiums. That is $90 per covered person, below the median for employer plans that report broker pay. Broker pay fell 2.4% from $235,706 in 2023.