University of Northwestern - St. Paulbenefits

University of Northwestern - St. Paul's benefits plans covered 462 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $273,131. Insurance brokers and agents were paid $38,750 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.2% of premiums. That is $84 per covered person, below the median for employer plans that report broker pay. Broker pay rose 7.1% from $36,186 in 2023.