Calvin Universitybenefits

Calvin University's benefits plans covered 662 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $653,119. Insurance brokers and agents were paid $64,199 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.8% of premiums. That is $97 per covered person, below the median for employer plans that report broker pay. Broker pay fell 13% from $73,565 in 2023.