Lee Universitybenefits

Lee University's benefits plans covered 457 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,940,474. Insurance brokers and agents were paid $200,512 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.8% of premiums. That is $439 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 5.9% from $213,153 in 2023.