Board of Trustees of 1199SEIU Nbf Health and Human Service Employeesbenefits

Board of Trustees of 1199SEIU Nbf Health and Human Service Employees's benefits plans covered 116,828 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $12,786,496. Insurance brokers and agents were paid $93,459 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.7% of premiums. That is $1 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 6.2x the $15,031 reported for 2023.