Rhode Island School of Designbenefits

Rhode Island School of Design's benefits plans covered 895 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $272,847. Insurance brokers and agents were paid $52,797 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.4% of premiums. That is $59 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 36% from $38,854 in 2023.