Furman Universitybenefits

Furman University's benefits plans covered 910 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $12,552,406. Insurance brokers and agents were paid $156,802 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.2% of premiums. That is $172 per covered person, below the median for employer plans that report broker pay. Broker pay rose 45% from $108,063 in 2023.