Siemens Corporationbenefits

Siemens Corporation's benefits plans covered 30,699 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,730,475. Insurance brokers and agents were paid $798,574 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 29.2% of premiums. That is $26 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 3.5% from $771,233 in 2024.