Umass Amherst Foundation, Inc.benefits

Umass Amherst Foundation, Inc.'s benefits plan covered 140 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,007,023. Insurance brokers and agents were paid $66,678 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.3% of premiums. That is $476 per covered person, in the top quarter of employer plans that report broker pay.