Alaska Pacific Universitybenefits

Alaska Pacific University's benefits plans covered 127 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $70,961. Insurance brokers and agents were paid $10,491 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.8% of premiums. That is $83 per covered person, below the median for employer plans that report broker pay. Broker pay rose 59% from $6,615 in 2023.