Thiel Collegebenefits

Thiel College's benefits plans covered 196 active participants in 2024, providing life · long-term disability · short-term disability. Insurance premiums totaled $2,059,318. Insurance brokers and agents were paid $31,956 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.6% of premiums. That is $163 per covered person, below the median for employer plans that report broker pay. Broker pay rose 17% from $27,421 in 2023.