Moravian Universitybenefits

Moravian University's benefits plans covered 456 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $224,296. Insurance brokers and agents were paid $56,209 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 25.1% of premiums. That is $123 per covered person, below the median for employer plans that report broker pay. Broker pay rose 66% from $33,873 in 2023.