Mount Vernon Nazarene Universitybenefits

Mount Vernon Nazarene University's benefits plans covered 302 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $106,042. Insurance brokers and agents were paid $42,861 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 40.4% of premiums. That is $142 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.7% from $43,582 in 2023.