Florida Memorial University, Inc.benefits

Florida Memorial University, Inc.'s benefits plans covered 195 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,626,721. Insurance brokers and agents were paid $111,654 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.9% of premiums. That is $573 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 12% from $127,574 in 2023.