Speaker - Alex Foster 9/4/14


Alex Foster had a fantastic presentation on EBC: Insurance, Payroll and HR Services.

Here is some information about the company:

EBC Background
• Celebrating 10 years as architects of customized employee benefit offerings, HR consulting services, and payroll processing
• 4th Largest Employee Benefit Consulting Firm in WNY and one of the Fastest Growing companies in WNY.
• Mission: To serve clients in an unparalleled manner based on:
▫ Superior Knowledge & Experience ▫ Unequaled Service ▫ Outstanding Communication Strategies ▫ Proactive Approach to Controlling Cost ▫ Collaborative approach with Unions

Employee Benefits

Healthcare costs have risen an average of 11.1% and now comprise 14.6% of employees' mean gross annual salary according to a survey from ‘Salary.com.’
• The high cost of health insurance is the #1 concern among small business owners, according to a study released in August by the National Federation of Independent Business.
• Healthcare Reform is confusing the marketplace and increasing non-subsidized health plan premiums
• Carriers are introducing more and more options…more and more confusion and frustration.  Employers spend today more than ever while employees are less satisfied

Benefit Considerations
• Management of prescription drug costs • Medical & prescription cost analyses & management • Employee communication & education • Network management & consultation • Human resources assistance • Carrier access • Compliance assistance • Long-range strategic planning • Wellness/disease management programs & promotion • Alternative plan modeling technology
Value-Added Services
Our value-added services are what set us apart from other benefits brokers. Simply by partnering with us, you will be introduced to a wealth of insurance, employee benefits, and human resource tools and information.
• Plan Administration/Legislative Compliance Resources • Custom Communications • Employee Benefit Lifeline • Pharmacy Benefits Management • Human Resources Tools • Risk Management and Wellness Services

An end-to-end solution providing healthcare reform readiness, compliancy & Payroll Services…

 Determining the most cost-effective plan

 Communicating and implementing effectively with employees

 Employer Shared Responsibility Testing

 Employer Affordability Testing

 Compliance with SBC, SPD, Uniform Glossary, etc.

 Direct Deposits and Online Paystubs

 Waiting period regulations

 Management & Agency Reporting

 Access to Private and State Based Exchanges

 Management and reporting of W-2 HCR data

For More Information Please contact Alex Foster at (585) 610-6891