Humacyte, Inc.benefits

Humacyte, Inc.'s benefits plans covered 220 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $196,909. Insurance brokers and agents were paid $157,029 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 79.7% of premiums. That is $714 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 31% from $120,035 in 2023.