Franklin & Marshall Collegebenefits

Franklin & Marshall College's benefits plans covered 591 active participants in 2024, providing life · dental · vision · other · long-term disability. Insurance premiums totaled $235,788. Insurance brokers and agents were paid $13,236 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.6% of premiums. That is $22 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 40% from $21,887 in 2023.