New York State United Teachers
Overview
New York State United Teachers sponsors a self-funded health plan that covered 899 participants in plan year 2024. The plan year starts in September. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 899
- Plan year
- Begins September 1 · next renewal September 2027
- Health plans filed
- New York State United Teachers Staff Welfare Plan, plan 501 (899 participants)
- Stop-loss carrier
- Sun Life and Health Insurance Company (u.s.)
- Broker compensation
- $127K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Anthem Blue Cross Blue Shield | Medical, PPO | 1,636 | $9.8M | — |
| CVS Pharmacy, Inc. | Prescription drug | 1,712 | $9.1M | — |
| Capital District Physician's Health Plan Inc. | Medical | 177 | $1.7M | — |
| Sun Life and Health Insurance Company (u.s.) | Stop-loss | 882 | $1.3M | $25K |
| Delta Dental of New York | Dental | 1,922 | $879K | $62K |
| First Unum Life Insurance Company | Life, Long-term disability | 392 | $473K | $24K |
| Davis Vision | Vision | 3,759 | $148K | $7K |
| Shelterpoint Life Insurance Company | Disability With Paid Family Leave | 410 | $143K | $9K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 899 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2024
- Plan sponsor
- New York State United Teachers
- Sponsor EIN
- 14-1584772
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 14-1584772 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Nysut Employees Retirement Plan
- Type
- Pension plan
- Participants
- 1,084
About this data
Source: New York State United Teachers's Form 5500 filing for plan year 2024 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with New York State United Teachers.