Westminster Universitybenefits

Westminster University's benefits plans covered 330 active participants in 2024, providing life · dental · vision · long-term disability · other · health. Insurance premiums totaled $36,163. Insurance brokers and agents were paid $63,038 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 174.3% of premiums. That is $191 per covered person, above the median for employer plans that report broker pay. Broker pay rose 75% from $35,979 in 2023.