Paratek Pharmaceuticals Inc.benefits

Paratek Pharmaceuticals Inc.'s benefits plans covered 321 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $6,481,118. Insurance brokers and agents were paid $158,365 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.4% of premiums. That is $493 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 1.3% from $160,467 in 2023.