Reed Collegebenefits

Reed College's benefits plans covered 549 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $673,197. Insurance brokers and agents were paid $129,954 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.3% of premiums. That is $237 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.0% from $122,629 in 2023.