Alvernia Universitybenefits

Alvernia University's benefits plans covered 306 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $14,236. Insurance brokers and agents were paid $34,701 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 243.8% of premiums. That is $113 per covered person, below the median for employer plans that report broker pay. Broker pay rose 26% from $27,472 in 2023.