Jubilant Pharma Holdings Inc.benefits

Jubilant Pharma Holdings Inc.'s benefits plans covered 1,739 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,057,962. Insurance brokers and agents were paid $186,261 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.6% of premiums. That is $107 per covered person, below the median for employer plans that report broker pay. Broker pay fell 17% from $223,480 in 2023.