Skidmore Collegebenefits

Skidmore College's benefits plans covered 876 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $409,234. Insurance brokers and agents were paid $132,257 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 32.3% of premiums. That is $151 per covered person, below the median for employer plans that report broker pay. Broker pay rose 3.1% from $128,333 in 2023.