2018 GNYADA Membership Directory

York, the Brokerage works with individual dealers to find structures of coverage that meet their needs and goals. The insurance products offered through the Brokerage include: Workers’ Compensation – By partnering with “A” rated insurance provider AmTrust and intermediary broker Arthur J. Gallagher, the Brokerage offers a robust and highly competitive Workers’ Comp Program. Through AmTrust, a dividend is also available; dividend payouts for GNYADA members in the AmTrust Safety Group could be as high as 40% (based on a group loss ratio of 15% or less). Medical Insurance –We will work with you to select the plan that best meets the needs of your employees and the goals of your company, whether it’s an HMO, EPO, POS, PPO, or CDHP or a combination of any of these. The goal is to allow you to make an informed decision based on the information presented. Dental Insurance – Plans can offer coverage in-network only or can be combined to offer out-of-network coverage to accommodate your employees. Most dental plans and preventative procedures are covered at 100%. Vision Plans – This is a relatively inexpensive benefit but an important one. Many workplace errors are made by employees who should be wearing glasses, but don’t since they are not covered by a vision plan. Life Insurance – Most group life insurance plans will offer a guaranteed issue amount, even if an employee has an existing medical condition. It is one of the best ways to obtain Life Insurance at a lower cost than an individual policy. Members can choose from Term, Universal, or Whole Life Products. DBL – The Brokerage offers an enhanced DBL program through ARCH Insurance. With this program, dealers can offer employees’the benefit of either 50% of average weekly wages for 26 weeks or 60% for 52 weeks. Employees have a choice of maximum weekly benefits ranging from $170 to $850 per week. Voluntary Benefits – These plans are individual but are offered through a group plan. They are normally paid 100% by the employee. Most can be on a pretax basis. They are: • Specific Disease – This coverage— for cancer, for example—helps pay for both medical and non-medical expenses. • Short-Term Disability – Pays for expenses while the employee is unable to work. • Accident – Benefits depend on the type of accident. • Hospital Confinement – This protects against out of pocket expenses, such as, deductibles and copays, which are associated with a hospital stay. • Life Insurance (Term or Universal) – Term is the least expensive type of Life Insurance; Universal is more costly but builds up cash value. You decide which one meets your needs. Long-Term Care – Provides assistance when an individual can no longer perform the activities of daily living. Benefits can be received as an inpatient or at home. Pet Insurance – As a member of GNYADA, you are entitled to a group discount of 10% and receive an additional 10% if you need to cover multiple pets.

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