Birmingham-Southern Collegebenefits

Birmingham-Southern College's benefits plans covered 102 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $969,567. Insurance brokers and agents were paid $137,948 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.2% of premiums. That is $1,352 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 39.0x the $3,539 reported for 2023.