Cornell Universitybenefits

Cornell University's benefits plans covered 14,315 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $78,535. Insurance brokers and agents were paid $1,075,863 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1369.9% of premiums. That is $75 per covered person, below the median for employer plans that report broker pay. Broker pay rose 7.4% from $1,001,590 in 2023.