Alma Collegebenefits

Alma College's benefits plans covered 354 active participants in 2024, providing health · dental. Insurance premiums totaled $2,018,368. Insurance brokers and agents were paid $89,655 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.4% of premiums. That is $253 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.2% from $95,600 in 2023.