Trustees of the University of PAbenefits

Trustees of the University of PA's benefits plans covered 21,422 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $614,760. Insurance brokers and agents were paid $815,486 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 132.7% of premiums. That is $38 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 25% from $653,448 in 2023.