Summit Biosciences, Inc.benefits

Summit Biosciences, Inc.'s benefits plans covered 122 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $107,239. Insurance brokers and agents were paid $82,520 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 76.9% of premiums. That is $676 per covered person, in the top quarter of employer plans that report broker pay.