New York State United Teachersbenefits

New York State United Teachers's benefits plans covered 92,696 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $48,218,723. Insurance brokers and agents were paid $5,862,790 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.2% of premiums. That is $63 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 4.0% from $6,105,215 in 2023.