Stryker Corporationbenefits

Stryker Corporation's benefits plans covered 26,730 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $953,907. Insurance brokers and agents were paid $573,269 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 60.1% of premiums. That is $21 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 41% from $406,271 in 2023.