New York Hotel Trades Council & Affiliat Staff Insurance Fundbenefits

New York Hotel Trades Council & Affiliat Staff Insurance Fund's benefits plans covered 1,064 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,322,932. Insurance brokers and agents were paid $36,538 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.8% of premiums. That is $34 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 11% from $33,056 in 2023.