Cedarville Universitybenefits

Cedarville University's benefits plans covered 1,195 active participants in 2024, providing health · life · dental · long-term disability. Insurance premiums totaled $382,476. Insurance brokers and agents were paid $73,832 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.3% of premiums. That is $62 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 24% from $59,326 in 2023.