This year, Beyond Benefits members experienced a 1.4% employee benefits rate decrease, while other life science companies outside of the trust are seeing double digit increases. To celebrate the program’s continued success, Beyond Benefits members joined MMA, Biocom and Anthem Blue Cross for a post-renewal celebration. Check out the video below for more information.
Administered by Marsh & McLennan Agency (MMA) in partnership with Biocom, Beyond Benefits enables life science and biotech companies to pool their purchasing power and secure employee benefit rates similar to organizations with a large number of employees. Since 2012, the average savings for Beyond Benefits companies has exceeded $1,000 per employee per year in medical premium. The program now covers more than 7,800 employees.