Misericordia Universitybenefits

Misericordia University's benefits plans covered 367 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $273,565. Insurance brokers and agents were paid $100,751 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 36.8% of premiums. That is $275 per covered person, above the median for employer plans that report broker pay. Broker pay rose 12% from $90,243 in 2023.