Saint Michaels Collegebenefits

Saint Michaels College's benefits plans covered 329 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $49,881. Insurance brokers and agents were paid $92,818 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 186.1% of premiums. That is $282 per covered person, above the median for employer plans that report broker pay. Broker pay fell 3.2% from $95,853 in 2023.