1199SEIU Benefit and Pension Funds · New York, NY United States
Company Description
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This link will open in a new window 1199SEIU Benefit and Pension Funds (aptly, if somewhat awkwardly named) is a not-for-profit, self-administered welfare trust fund that provides health and pension benefits to some 400,000 working and retired members of New York's 1199SEIU United Health Care Workers East, a union of health industry workers in New York, Maryland, Massachusetts, and the District of Columbia. Members of the union -- who work in hospitals, nursing homes, pharmacies, and home care and social service agencies -- can receive comprehensive health coverage, life and disability insurance, and pension benefits. The organization is funded by employer contributions negotiated by the union in collective bargaining agreements. To read the full description, subscribe now.
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Key 1199SEIU Benefit and Pension Funds Financials
| Company Type | Private - Not-for-Profit Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $1,029.6 |
| Employees | 14,100 |
1199SEIU Benefit and Pension Funds Executives
1 executives listed for 1199SEIU Benefit and Pension Funds's New York, NY location.
| Title | Name & Bio | Contact |
| Executive Director | Mitra Behroozi | Network |
Competition
Competitive Landscape for 1199SEIU Benefit and Pension Funds
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top 1199SEIU Benefit and Pension Funds Competitors
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