Board of Trustees New York Hotel Trades Council &benefits

Board of Trustees New York Hotel Trades Council &'s benefits plans covered 23,536 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $643,332. Insurance brokers and agents were paid $32,302 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $1 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 29% from $25,072 in 2023.