Capital Universitybenefits

Capital University's benefits plans covered 386 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $192,366. Insurance brokers and agents were paid $27,274 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.2% of premiums. That is $71 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 9.8% from $24,843 in 2023.