Unbiased Insights

Employer

Drexel University

3201 Arch St., C/O Human Resources, Philadelphia, PA 19104 · EIN 23-1352630 · Jan 1, 2023 to Dec 31, 2023

Plan year 2023

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Renewal and disruption

Flags

Named parties removed

  • Broker - Piggot Daniel M
  • Broker - Trion Benefits Services, Inc.

Coverage added in the last 2 years

  • + Employee Assistance Program (2022)

Carriers removed

  • Cigna Dental Health Of Kentucky, Inc.
  • Cigna Dental Health Of California, Inc.
  • Cigna Dental Health Of North Carolina, Inc.
  • Massachusetts Mutual Life Insurance Company

Reported premium moved

  • Dental
  • Business Travel Accident (Foreign)

Comp % outside peer band

  • Medical 28.8% · above peers p10–p90 1.0%–14.6% (median 3.7%, n=639)
  • Life 2.0% · below peers p10–p90 2.5%–20.3% (median 10.5%, n=1019)
  • Other 2.1% · below peers p10–p90 2.1%–20.8% (median 10.2%, n=399)
  • Business Travel Accident 3.8% · below peers p10–p90 15.0%–25.0% (median 17.0%, n=43)

Peer band

1507 Lancaster groups · 250+ lives

No stop-loss on filing. Median overlay uses the same lives band. Missing Schedule A is a gap, not $0.

Series

03.3k6.7k10k20202021202220232024
This company7,035Peer median622