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Sponsor portfolioWelfare / HealthEIN 04-3039129

VERTEX PHARMACEUTICALS INCORPORATED

50 NORTHERN AVE. · BOSTON, MA 02210
6173416100
Plans filed
1
Years active
2015–2025
Industry
NAICS 54
Latest filing
2025
Total premiums (latest)
$5.5M
No prior year
Persons covered
9,628
No prior year
Total participants
5,542
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #505$5.5M
VERTEX PHARMACEUTICALS, INC. GROUP WELFARE PLAN
Mixed9,628 covered·6 carriers
Primary: UNUM LIFE INSURANCE COMPANY OF AMERICA

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Other$4.7M33.4%
Life$4.3M30.6%
Long-term disability$4.3M30.6%
Vision$626K4.4%
Health$152K1.1%

Carrier overview

5 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
UNUM LIFE INSURANCE COMPANY OF AMERICA
EIN 010278678
LLTDOth
$4.4M79.0%125,155
EYEMED VISION CARE
EIN 430949844
V
$626K11.3%129,628
ARAG INSURANCE COMPANY
EIN 421338303
Oth
$299K5.4%112,446
FOUR EVER LIFE INSURANCE COMPANY
EIN 362149353
H
$152K2.7%1121
JOHN HANCOCK LIFE INSURANCE COMPANY
EIN 010233346
Oth
$84K1.5%1133

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
WILLIS TOWERS WATSON US LLCNEW YORK, NYEYEMED VISION CARE, JOHN HANCOCK LIFE INSURANCE COMPANY, FIRST UNUM LIFE INSURANCE COMPANY, UNUM LIFE INSURANCE COMPANY OF AMERICA$116K$0$116K96.2%1
INDIGO INSURANCE SERVICESBOSTON, MAFOUR EVER LIFE INS CO.$0$5K$5K3.8%1

History & trajectory

11 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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