Monmouth Universitybenefits

Monmouth University's benefits plans covered 693 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other · short-term disability. Insurance premiums totaled $607,829. Insurance brokers and agents were paid $76,761 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.6% of premiums. That is $111 per covered person, below the median for employer plans that report broker pay. Broker pay rose 0.9% from $76,092 in 2024.