Medtronicbenefits

Medtronic's benefits plans covered 45,348 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $36,723,745. Insurance brokers and agents were paid $3,426,883 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.3% of premiums. That is $76 per covered person, below the median for employer plans that report broker pay. Broker pay rose 20% from $2,850,058 in 2024.