University Academybenefits

University Academy's benefits plans covered 146 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $827,311. Insurance brokers and agents were paid $43,976 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.3% of premiums. That is $301 per covered person, above the median for employer plans that report broker pay. Broker pay rose 29% from $34,197 in 2023.