Pacific Universitybenefits

Pacific University's benefits plans covered 746 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $775,565. Insurance brokers and agents were paid $24,250 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. That is $33 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 22% from $19,905 in 2023.