Mercyhurst Universitybenefits

Mercyhurst University's benefits plans covered 372 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $30,098. Insurance brokers and agents were paid $3,712 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.3% of premiums. That is $10 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 39% from $6,076 in 2023.