Olympus Corporation of the Americasbenefits

Olympus Corporation of the Americas's benefits plans covered 4,640 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $180,254. Insurance brokers and agents were paid $41,637 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 23.1% of premiums. That is $9 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 6.0x the $6,889 reported for 2023.