Otto Bock Healthcare LPbenefits

Otto Bock Healthcare LP's benefits plans covered 967 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $6,164,049. Insurance brokers and agents were paid $31,504 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.5% of premiums. That is $33 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 4.5% from $33,000 in 2023.