1199SEIU Funds
1199SEIU Funds is a non-profit Taft-Hartley multi-employer benefit fund providing healthcare, pension, training, and child care benefits to over 450,000 healthcare workers, retirees, and families across six U.S. states through jointly trusteed labor-management governance.
- Company typePrivate
- Founded1945
- HeadquartersNew York, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What 1199SEIU Funds does
1199SEIU Funds is a non-profit Taft-Hartley multi-employer benefit fund established through collective bargaining agreements between 1199SEIU United Healthcare Workers East and healthcare employers. The organization provides healthcare, pension, training and employment, and child care benefits to over 450,000 healthcare workers, retirees, and their families across New York, Massachusetts, New Jersey, Maryland, Washington DC, and Florida. It operates as four core funds: the National Benefit Fund (NBF) and Greater New York Benefit Fund providing self-insured, self-administered healthcare coverage; multiple pension funds (Health Care Employees, Greater New York, Home Care); the Training and Employment Funds (TEF) serving 275,000 workers across 700+ healthcare employers; and the Child Care Funds (CCF) with its 501(c)(3) nonprofit subsidiary. Governance is jointly trusteed by labor and management representatives, and the fund is financed through employer contributions negotiated in collective bargaining rather than external capital.
The organization's service portfolio has expanded significantly in the digital health space through partnerships with FlyteHealth, Noom, Ochsner Digital Medicine, Virta Health, and Weight Watchers, aggregated under the "The Choice Is Yours" chronic disease management program. Members access services through the MyAccount online portal, find-a-provider directory, worksite wellness programs at major hospital systems (Montefiore, Mount Sinai, NewYork-Presbyterian, Northwell, NYU Langone), and an extensive content platform including the Health Is the Key podcast, For Your Benefit magazine, and wellness video library. The technology stack is primarily administrative (HIPAA-compliant member portal, provider directory, COBRA and prior authorization workflows via partners like eviCore healthcare) rather than proprietary.
The economic model is contribution-based, not market-based: employer contributions fund benefits, with no external shareholders, no equity raises, and no commercial revenue. The organization has 1,001-5,000 employees, is headquartered at 498 Seventh Avenue in New York, and has been the subject of recent federal regulatory scrutiny regarding its role in New York's Medicaid program, including investigations into an $11 billion Consumer Directed Personal Assistance Program contract award.
1199SEIU Funds firmographics
Firmographics- Name
- 1199SEIU Funds
- Legal name
- 1199SEIU Funds
- Website
- https://1199seiubenefits.org
- Company type
- Private
- Founded year
- 1945
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- 1199SEIU Funds is a non-profit Taft-Hartley multi-employer benefit fund providing healthcare, pension, training, and child care benefits to over 450,000 healthcare workers, retirees, and families across six U.S. states through jointly trusteed labor-management governance.
- Ownership category
- akta.pro rank
1199SEIU Funds industry classification
Industry- Product category
- Labor-Management Benefit Funds
- NAICS
- Health and Welfare Funds (52512), Insurance and Employee Benefit Funds (5251), Pension Funds (525110)
- SIC
- Hospital & Medical Service Plans (6324), Accident & Health Insurance (6321)
- akta.pro primary industry
- Taft-Hartley / Union Multiemployer Group Health Plans (FSAIAFAG)
- akta.pro secondary industries
- Taft-Hartley / Labor Union & Public Sector Retirement Systems (FSAAAGAK), Flexible Benefits Administration (FSA/HSA/HRA) (HLAEALAK)
Keywords
Where 1199SEIU Funds is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
1199SEIU Funds business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Distribution channels1 record
Marketing channels8 records
1199SEIU Funds product offering
Product offeringCore offering
1199SEIU Funds is a Taft-Hartley multi-employer benefit fund that provides self-insured, self-administered healthcare benefits (medical, hospital, prescription, dental, vision, mental health), pension and retirement benefits, workforce development training, and child care services to over 450,000 healthcare workers, retirees, and their families represented by 1199SEIU United Healthcare Workers East.
Product overview
1199SEIU Funds is a multi-fund labor-management organization providing comprehensive benefits to over 450,000 healthcare workers, retirees, and their families across multiple states. The organization operates four core funds: the Healthcare Benefits (BPF) providing medical, hospital, prescription, dental, and vision coverage; the Pension and Retirement Benefits offering multiple pension funds; the Training and Employment Funds (TEF) providing workforce development for 275,000+ workers; and the Child Care and Youth Services Funds (CCF) supporting families through child care and educational programs. These core offerings are supplemented by wellness programs including the Member Assistance Program, Maternal Health Program, Financial Wellness, Citizenship Program, and the Health Is the Key podcast. Members access services through the MyAccount online portal and provider directory.
Differentiator
Problem solved
Functional benefit
Brands
- Training and Employment Funds (TEF): Provides workforce development, adult education, job placement and quality-improvement programs to healthcare employers and workers
- Health Is the Key Podcast
- Healthy Living Resource Center
- The Choice Is Yours
- Joseph Tauber Scholarship Program (JTSP)
- Member Assistance Program (MAP)
Products and services
- Healthcare Benefits Comprehensive self-insured, self-administered healthcare benefits including medical, hospital, prescription, dental, vision, and hearing coverage for over 450,000 healthcare workers, retirees and their families.
- Pension and Retirement Benefits Retirement income and pension counseling services including the Health Care Employees Pension Fund, Greater New York Pension Fund, and Home Care Pension Fund for members.
- Training and Employment Funds (TEF) Workforce development, adult education, job placement, and quality-improvement programs for over 700 healthcare employers and 275,000 covered workers across multiple states.
- Child Care and Youth Services Funds (CCF) Child care referrals, alternative child care services, youth programs, camps, Saturday programs, and the Joseph Tauber Scholarship Program serving 400,000+ children through labor-management partnership.
- Wellness Program Health and wellness initiatives including exercise classes, fitness resources, mental health support, weight management, chronic disease management, and smoking cessation programs.
- Member Assistance Program (MAP) Confidential wellness and social work support for members dealing with stress, burnout, and personal challenges.
- Maternal Health Program Prenatal education, free online classes, midwife consultations, social worker check-ins, breastfeeding support, and access to doula services.
- MyAccount Member Portal Online self-service portal for members to access benefits, view claims, find providers, and manage their accounts.
Companies that use 1199SEIU Funds
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
1199SEIU Funds technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
1199SEIU Funds partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- NoomcoreThe Benefit Funds partnered with Noom to provide a holistic weight-loss program using a mind-first approach. Members can join through the Benefit Funds without paying a monthly fee, receiving access to coaching, fitness videos, and meditation content.
- FlyteHealthcoreThe Benefit Funds partnered with FlyteHealth to provide an innovative medical weight loss and management program. Members receive access to a medical care team including physicians, nurse practitioners, and registered dietitians who create personalized care plans, supported by a mobile app.
- Ochsner Digital MedicinecoreThe Benefit Funds partnered with Ochsner Digital Medicine to help members manage hypertension and Type 2 diabetes. Members receive free devices for blood pressure and blood sugar monitoring, care team support, and health coaching. Clinical data shows 4 out of 5 participants reach their health goals within six months.
- Virta HealthcoreThe Benefit Funds partnered with Virta to help members manage Type 2 diabetes through individualized nutrition planning and medical support. Eligible members receive a Starter Kit, dedicated medical support, nutrition therapy plan, and flexible health coaching.
- American College of Lifestyle Medicine (ACLM)minorThe Benefit Funds partnered with ACLM to provide Food as Medicine resources to support healthy eating journeys. Resources include superfood grocery lists, nutrition guides, pantry essentials, and dietary recommendations.
- Weight Watchers (WW)core1199SEIU Benefit Funds partnered with Weight Watchers to offer discounted or no-cost membership to members. The Fund subsidizes membership costs valued at $45 per month for eligible members, with diabetic and prediabetic members eligible for full subsidy. Over 7,600 members have signed up through the partnership.
- Landauer MedstarminorThe Benefit Funds provide full coverage for electric breast pumps through Landauer Medstar. Members can request pumps prior to or after delivery, with prescriptions required.
- Montefiore Health SystemcoreMontefiore Einstein's Associate Wellness program (To Your Health!) provides worksite wellness for 1199SEIU members, promoting physical and mental well-being.
- Mount Sinai Health SystemcoreMount Sinai offers the Center for Stress, Resilience and Personal Growth with resilience workshops, behavioral health care, and the Wellness Hub for 1199SEIU members.
- NewYork-PresbyteriancoreNewYork-Presbyterian offers CopeNYP, a telehealth mental health program for employees and their dependents.
- Northwell HealthcoreNorthwell offers total well-being programs through Northwell Connect and myWellness platform for 1199SEIU members, covering emotional, financial, physical, social, and spiritual wellness.
- NYU Langone HealthcoreNYU Langone provides Wellbeats virtual fitness platform with 1,000+ on-demand fitness, nutrition, and mindfulness classes for 1199SEIU members.
- SBH Health SystemminorSBH Health System provides wellness and nutrition education programs including the Teaching Kitchen and culinary medicine program for 1199SEIU members.
Scale indicators7 records
Recent moves7 records
Expansion highlights5 records
1199SEIU Funds competitors and assessment
Company assessmentDirect peers
- Building Service 32BJ Benefit Funds: Another large Taft-Hartley multi-employer benefit fund serving building service workers in NY/NJ/CT, offering health, pension, training, and legal services. Most directly comparable peer given similar self-administered Taft-Hartley model and union-affiliated multi-fund structure.
- New York Hotel Trades Council & Hotel Association of NYC Employee Benefit Funds: Taft-Hartley multi-employer fund providing health, welfare, pension, and training benefits to NYC hotel workers. Directly comparable in fund structure, governance, and self-administered model; notably employs Dr. Lela Mayers' prior organization as a peer employer.
- UNITE HERE HEALTH: National Taft-Hartley fund providing health and welfare benefits to UNITE HERE hospitality workers. Comparable as a large multi-state union benefit fund with self-administered plans, but focused on hospitality rather than healthcare workers.
- Central Pennsylvania Teamsters Health and Welfare Fund: Multi-employer Taft-Hartley benefit fund providing health and welfare benefits to Teamsters members. Comparable in fund structure (jointly trusteed, self-administered) though focused on Teamsters industries rather than healthcare.
- Healthcare Career Advancement Program (H-CAP): National labor-management organization advancing career development for healthcare workers, formerly led by 1199SEIU TEF's current Executive Director Daniel Bustillo. Comparable as a healthcare-focused workforce development organization operating in the same union ecosystem.
Regional players
- 1199C National Union of Hospital and Health Care Employees: A different 1199 union local covering healthcare workers primarily in Pennsylvania and the Mid-Atlantic. Comparable in industry focus (healthcare union benefits) but operates in a different geographic footprint with separate fund administration.
- Horizon Blue Cross Blue Shield of New Jersey: Dominant regional health plan in NJ, one of the states where 1199SEIU Funds operates. Comparable as a health insurer serving the same employer/customer base in overlapping geographies, though not a Taft-Hartley structure.
Broad incumbents
- Empire BlueCross BlueShield: Major commercial health insurer serving the same NY employer market. Comparable as a NY health plan administrator competing for the same employer contribution dollars, though structured as a commercial carrier rather than a Taft-Hartley fund.
Emerging players
- Castlight Health: Healthcare navigation and benefits engagement platform sold to large self-insured employers and unions. Comparable as a digital health/benefits engagement vendor that could compete with or complement 1199SEIU Funds' wellness programs and member portal.
- Collective Health: Tech-enabled self-funded health benefits platform serving large employers. Comparable as a modern alternative to traditional third-party administrators serving employer-sponsored plans, though targeting Fortune 500 employers rather than Taft-Hartley structures.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
1199SEIU Funds social profiles
Digital presence1199SEIU Funds compliance and trust
Trust signalCompliance2 records
1199SEIU Funds financial estimates
Financial estimateRevenue estimate
Valuation estimate
1199SEIU Funds leadership team
Management profileNumber of profiles
Profiles5 records
1199SEIU Funds subsidiaries and ownership
Company hierarchySubsidiaries9 records
1199SEIU Funds funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
1199SEIU Funds M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 1199SEIU Funds
What does 1199SEIU Funds do?
1199SEIU Funds is a Taft-Hartley multi-employer benefit fund that provides self-insured, self-administered healthcare benefits (medical, hospital, prescription, dental, vision, mental health), pension and retirement benefits, workforce development training, and child care services to over 450,000 healthcare workers, retirees, and their families represented by 1199SEIU United Healthcare Workers East.
Is 1199SEIU Funds a public or private company?
1199SEIU Funds is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was 1199SEIU Funds founded?
1199SEIU Funds was founded in 1945. It employs 1,001 to 5,000 people.
Where is 1199SEIU Funds based?
1199SEIU Funds is headquartered in New York, United States, in the North America region.
Who are 1199SEIU Funds's main competitors?
Direct peers on record are Building Service 32BJ Benefit Funds, New York Hotel Trades Council & Hotel Association of NYC Employee Benefit Funds, UNITE HERE HEALTH, Central Pennsylvania Teamsters Health and Welfare Fund and Healthcare Career Advancement Program (H-CAP). Regional players are 1199C National Union of Hospital and Health Care Employees and Horizon Blue Cross Blue Shield of New Jersey. Empire BlueCross BlueShield is listed as a broad incumbent. Emerging players are Castlight Health and Collective Health.
Does 1199SEIU Funds have an API?
No public API is recorded for 1199SEIU Funds.
What industry is 1199SEIU Funds in?
1199SEIU Funds's product category is Labor-Management Benefit Funds. Its primary akta.pro industry code is FSAIAFAG, Taft-Hartley / Union Multiemployer Group Health Plans, with a secondary code of FSAAAGAK, Taft-Hartley / Labor Union & Public Sector Retirement Systems. Its NAICS code is 52512 and its SIC code is 6324.