First in Value First in Customer Service First in Compliance
First New York Group Benefits entered the employee benefits field in April 2002, and, we have been Human Resources Consultants since 1996. It was a perfect synergy of 2 interrelated & interconnected fields. We strive to be an important and valuable resource for our clients; and professionals such as CPAs, attorneys, financial advisors, and other brokers.
As an independent insurance agency, we are solutions-oriented and impartial. We prepare customized proposals with a balanced approach targeting needs & cost, while putting your interests first, and, providing the highest quality customer service you deserve and expect.
Five Star Service is our standard
Emphasizing Affordable Care Act (ACA) Compliance
OUR CLIENTS COME FIRST- We strive
To continuously present cost saving analysis
To assist our clients as they grow
To develop long-term, reliable and professional relationships
To stand-out from the crowd
OUR CLIENTS- Are
Large and small businesses
Single location & multi-site
Multi-state…. from East Coast to West Coast
We are your back office for the benefits you offer your employees. This FREE service includes
Enrollments of new hires & terminations
Consultations for COBRA, HIPAA, and ERISA, Section 125, and now ACA.
We handle all phases of new plan implementation and plan renewals. This FREE service includes
Complete data analysis of coverage & premium
Assessment of employer/employee costs & contributions
Preparing & reviewing all documentation for accuracy- before for submission to the carrier
Compliance with the carriers’ underwriting requirements
Providing informational and enrollment meetings to educate your employees
Calculating the correct payroll deductions
Preparing Excel spreadsheets for a more in-depth analysis
We specialize in compliance with the Affordable Care Act (ACA.) Since its implementation, we have been pro-active in developing an expertise regarding the ACA mandates, and staying current with the continuous on-going changes in the law. We send-out e-mail alerts to our clients with important information about the many requirements so that our clients fulfill the mandates, including the Employer Shared Responsibility (ESR) penalty. We devote a significant amount of time providing information that will be helpful in avoiding employer fines- which apply to BOTH small groups (under 50) and large groups with 50+ employees.
Currently, we are developing an employee Benefits Dashboard. This is a portal where employees can obtain all the required ACA Notifications, carrier enrollment forms, information about their covered benefits, and much more- 24/7, 365 days a year. The Affordable Care Act mandates that employers provide this information within 14 days of a new hire and during your annual open enrollment period. Our new website will keep our clients in compliance and help avoid penalties. In addition, the Benefits Dashboard will reduce your in-house labor costs by decreasing staff time devoted to employee benefits and insurance.