New York State Technology Enterprise Corporation (Nystec)benefits

New York State Technology Enterprise Corporation (Nystec)'s benefits plans covered 397 active participants in 2025, providing health · life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $4,297,301. Insurance brokers and agents were paid $163,801 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $413 per covered person, above the median for employer plans that report broker pay. Broker pay fell 9.6% from $181,174 in 2024.