Are you looking for insurance services for your small or medium-sized business in New York? Many companies in your position need help to provide insurance benefits that match larger enterprises.
Fortunately, New York PEO insurance services allow you to provide health, dental, and vision insurance to your employees, allowing you to attract the talent you want to your business.
Find out more about this option with our team at NetPEO. We have years of experience handling PEO services and are ready to assist your business. Call or complete our online contact form for a free quote.
What PEO Insurance Companies in New York Do
PEO stands for Professional Employer Organization. These firms offer the companies they work with access to health, dental, and vision insurance, generally at rates more affordable than the company could secure on its own.
PEOs work through a co-employment relationship, meaning the PEO stands as employer for your employees in some circumstances. However, you maintain control over your business, keeping all decision-making power.
Services a New York PEO Insurance Company May Offer
Turning to NetPEO gives you access to New York PEO insurance services. Our team uses years of industry experience to help you find benefits packages that work to meet the needs of your employers.
Depending on the goals of your business, we may help you secure the following:
- Medical insurance
- Dental insurance
- Vision insurance
Workers Compensation
Providing your employees with workers’ compensation protection coverage is not only good business practice but is also traditionally required under New York workers’ compensation laws, WCL §2 and 3. Here, the vast majority of employers are mandated by law to protect their employees with workers comp coverage.
If your employees are injured in a work-related accident, they can file a claim with your workers’ compensation insurance provider. NetPEO can match you with a workers’ compensation insurance company that can best meet your employee’s needs. Then, your PEO will be responsible for helping your employees file claims, handle any instances where employees may not be entitled to workers’ compensation benefits, and any other workers’ comp-related questions or concerns your team members may have.
Disability Insurance
Disability insurance is another type of coverage you may be willing to offer your employees. Most employers in New York are not required to provide disability insurance, but your employees will thank you for it. Disability insurance can be offered on a short-term or long-term basis.
Short-term disability benefits are available for employees who suffer disabilities that will keep them out of work for a short period of time– usually up to six months. Long-term disability benefits are available for employees who suffer injuries or medical conditions that will keep them out of work for six months or longer. These disability benefits allow your employees to cover a portion of their income while they heal from their injuries and need to take time off work.
You do not have to administer the insurance benefit programs on your own when working with a PEO in New York. Instead, skilled PEO experts deal with administrative tasks on your behalf, giving you more time to focus on running your business. In addition to providing insurance benefits, a PEO firm in New York may help you secure retirement benefits and tuition reimbursement for employees.
How NY Regulates PEO Insurance Firms
Some business owners want reassurance before they turn to a PEO firm for assistance with insurance services. The New York Department of Labor requires all PEOs operating in the state to register or get an exception.
Firms must adhere to regulations set forth by the state’s legislature. Additionally, they must provide proof that they pay their taxes and other checks. Our team at NetPEO understands all the requirements faced by PEO firms, and we adhere to these rules.
We want you to feel confident about letting us handle your insurance needs. Contact us now to learn more about how we treat our clients.
Why You Should Choose Us for Your PEO Needs in New York
Our team provides experienced assistance for companies looking for PEO insurance services in New York. We have over 200 years of combined industry experience, giving us the skills we need to exceed your expectations.
We’re proud of the results of our service, boasting a 95% retention rate. Our high retention rate comes from our stellar customer service and pricing structure. In addition, we allow you to select the PEO services you want, helping you save money.
We can help large and small businesses and companies in all professions and industries. So let us help you succeed in your business.
What Are the Benefits of PEO Insurance Services in New York?
You have many benefits available if you decide to secure New York PEO insurance services. Working with a firm like NetPEO allows you to:
Save Time
Handling insurance services can eat up a lot of your time. We understand the value of each hour of work you put in as a business owner. Letting us handle insurance policy management allows you to focus more on your other duties.
Save Money
Trying to provide your employees with a solid insurance benefits package can quickly become expensive, especially if you try to keep up with large corporations. In addition, insurance firms often offer better deals to larger companies, making it harder for small and medium businesses to keep up.
Fortunately, PEO insurance firms can bring you lower rates, allowing you to cut down your expenses and put more money back into your business.
Ensure You Comply with Insurance Regulations
Many business owners in New York must comply with local, state, and federal laws regarding insurance offerings to employees. For example, the Affordable Care Act (ACA) may require you to offer specific insurance benefits.
Your New York PEO insurance services firm can ensure you adhere to all these requirements and submit information about your business by yearly deadlines. Taking these steps can help you avoid fines and other penalties.
Improve Employee Satisfaction
Employees often look for solid insurance benefits when deciding whether to take a job in today’s economy. Health, dental, and vision insurance can encourage employees to stick with your company and may help you attract the employees you’re looking for to fill positions.
What New York PEO Insurance Services Cost
The cost for your New York PEO insurance services can vary based on the kind of insurance you want. You can review available packages with a PEO firm, selecting the option that meets your needs and budget.
You may also work with a PEO firm to handle other services for your company. For example, PEO companies often take care of human resources (HR) services for companies in New York. Again, we allow you to select the services you want, controlling your expenses.
Contact Us for PEO Insurance Services in New York
You can work with NetPEO for New York PEO insurance services. We provide the care and attention you need, adapting the services we offer for small and medium-sized businesses. You can start discussing your situation today by completing our online contact form or calling us.
We provide a free quote, allowing you to learn more about the benefits of working with us.
