Saint Peter's Universitybenefits

Saint Peter's University's benefits plans covered 222 active participants in 2024, providing health · life · dental · long-term disability · death benefits. Insurance premiums totaled $124,034. Insurance brokers and agents were paid $29,723 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.0% of premiums. That is $134 per covered person, below the median for employer plans that report broker pay. Broker pay rose 126% from $13,175 in 2023.