Masimobenefits

Masimo's benefits plans covered 1,321 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $13,810,443. Insurance brokers and agents were paid $789,828 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.7% of premiums. That is $598 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 7.7% from $733,698 in 2023.