University of la Vernebenefits

University of la Verne's benefits plans covered 764 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $3,899,727. Insurance brokers and agents were paid $333,643 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.6% of premiums. That is $437 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 8.8% from $366,002 in 2023.