University of Virginia Physicians Groupbenefits

University of Virginia Physicians Group's benefits plans covered 1,539 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,561,601. Insurance brokers and agents were paid $313,146 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.1% of premiums. That is $203 per covered person, above the median for employer plans that report broker pay. Broker pay fell 5.7% from $331,994 in 2023.