Vericel Corporationbenefits

Vericel Corporation's benefits plans covered 357 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $6,029,006. Insurance brokers and agents were paid $242,330 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $679 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 20% from $202,016 in 2023.