Babson Collegebenefits

Babson College's benefits plans covered 901 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $17,708,556. Insurance brokers and agents were paid $182,224 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.0% of premiums. That is $202 per covered person, above the median for employer plans that report broker pay. Broker pay rose 37% from $132,911 in 2024.