Michigan Virtual Universitybenefits

Michigan Virtual University's benefits plans covered 129 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,585,513. Insurance brokers and agents were paid $105,891 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.7% of premiums. That is $821 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 11% from $94,974 in 2024.