Group Insurance Benefits

We’re the Group Benefits Insurance expert in New York

Choosing our company as your employee benefits broker means partnering with a team dedicated to understanding your unique needs and providing tailored solutions that enhance employee satisfaction and retention. We leverage our extensive industry expertise to navigate the complexities of benefits planning, ensuring you have access to the best options available at competitive rates. Our proactive approach includes continuous support, personalized service, and innovative strategies like wellness programs and cost-saving initiatives that drive value for both your organization and your employees. With us, you gain a trusted advisor committed to your success, helping you attract and retain top talent while promoting a healthy, engaged workforce.

Here’s how our agency can help you:

• Group Health Insurance
• Group Dental
• Group Disability
• Health Insurance: Medical, dental, and vision coverage.
• Life Insurance: Group life and accidental death policies.
• Disability Insurance: Short-term and long-term disability coverage.
• Flexible Spending Accounts (FSAs): For medical and dependent care expenses.
• Health Savings Accounts (HSAs): Tax-advantaged savings for medical expenses.
• Employee Assistance Programs (EAPs): Counseling and support services.
• Professional Development: Tuition reimbursement, training programs, and certifications.
• Wellness Programs: Gym memberships, fitness challenges, and wellness resources.
• Commuter Benefits: Transportation subsidies or parking assistance.
• Pet Insurance: Coverage for employees’ pets.

We also help employers choose from various funding methods for health insurance benefit plans including:

1. Fully Insured: The employer pays a fixed premium to an insurance carrier, which assumes all the risk for claims.  This includes:
   *  Community Rated
   *  Prospective Experience Rated
   *  Retrospective Experience Rated           
2. Self-Funded (Self-Insured): The employer assumes the financial risk for providing health care benefits, paying for claims directly rather than through an insurance carrier.
3. Level-Funded: A hybrid approach where the employer pays a set monthly amount, covering expected claims, administrative fees, and stop-loss insurance.
4. Partially Self-Funded: The employer covers a portion of claims and purchases stop-loss insurance to protect against high claims.
5. Minimum Premium/Shared Risk: Employers share the risk and costs of claims with an insurance carrier, often through a cost-sharing arrangement.
6. Captive Insurance: Employers create their own insurance company to underwrite their health insurance, allowing for customized coverage and potential savings.
7. Health Reimbursement Arrangements (HRAs): Employers reimburse employees for qualified medical expenses up to a certain limit.
8. Health Savings Accounts (HSAs): Employers contribute to employee-owned accounts that can be used for eligible medical expenses, often paired with high-deductible health plans.
9. Flexible Spending Accounts (FSAs): Employers offer accounts funded by employee pre-tax contributions to pay for out-of-pocket health expenses.
10. Referenced Based Pricing:

These funding methods provide flexibility and can be tailored to meet the specific needs of both employers and employees.

If you need assistance in any of these areas and would like us to help, please call our office or head over to our contact page to get started. We would be happy to help!

How to get started on your Group Benefits Insurance quotes

To get started on your quote, call our office or click over to our quotes page. Either way we’ll make the process simple!