University of Pennsylvaniabenefits

University of Pennsylvania's benefits plans covered 1,350 active participants in 2023, providing health · life · dental · vision · death benefits. Insurance premiums totaled $74,251. Insurance brokers and agents were paid $510,946 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 688.1% of premiums. That is $378 per covered person, above the median for employer plans that report broker pay.