National Basketball Associationbenefits

National Basketball Association's benefits plans covered 1,903 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,054,492. Insurance brokers and agents were paid $736,166 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 35.8% of premiums. That is $387 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.6% from $690,350 in 2023.