The New Schoolbenefits

The New School's benefits plans covered 1,568 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $771,941. Insurance brokers and agents were paid $79,126 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.3% of premiums. That is $50 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 16% from $68,140 in 2023.