University of Cincinnati Foundationbenefits

University of Cincinnati Foundation's benefits plans covered 178 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $71,014. Insurance brokers and agents were paid $5,660 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.0% of premiums. That is $32 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 56% from $12,974 in 2023.