Centenary Universitybenefits

Centenary University's benefits plan covered 173 active participants in 2023, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $100,692. Insurance brokers and agents were paid $64,087 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 63.6% of premiums. That is $370 per covered person, above the median for employer plans that report broker pay.