New York Universitybenefits

New York University's benefits plans covered 15,321 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $976,455. Insurance brokers and agents were paid $204,853 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.0% of premiums. That is $13 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 2.9% from $211,072 in 2023.