University Management Incbenefits

University Management Inc's benefits plans covered 173 active participants in 2024, providing health. Insurance premiums totaled $634,543. Insurance brokers and agents were paid $59,665 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.4% of premiums. That is $345 per covered person, above the median for employer plans that report broker pay. Broker pay rose 7.7% from $55,384 in 2023.