We work together nn pic Those costs are projected to top $217 million this academicyear, $17.7 million more than last year, in a total budget of$4.4 billion. That works out to $5,425 per insured individual,compared with a U.S. average of $9,000. The university, whichcovers about 40,000 employees at campuses across the state, didnot offer an explanation of why its costs are lower. It isself-insured, meaning it pays medical claims out of its ownpocket.