St. Thomas Aquinas Collegebenefits

St. Thomas Aquinas College's benefits plans covered 223 active participants in 2024, providing health. Insurance premiums totaled $155,492. Insurance brokers and agents were paid $11,195 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.2% of premiums. That is $50 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 21% from $14,103 in 2023.