Siena Collegebenefits

Siena College's benefits plans covered 1,302 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $269,709. Insurance brokers and agents were paid $532,756 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 197.5% of premiums. That is $409 per covered person, above the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2023.