The Paychex Difference

There are thousands of local and national insurance agencies, and you may already have a relationship with one of them. So why should you consider the Paychex Insurance Agency?

• Paychex Insurance Agency ranks among the largest benefit specialists and top 100 insurance firms in America, according to Business Insurance magazine.
• We are nationally recognized. Paychex Insurance Agency recently ranked 30 on Business Insurance magazine's list of Top 100 U.S. Brokers.
• Nearly 100,000 businesses have chosen us as their insurance agency.
• Over 150 national and regional insurance carriers partner with us to offer plans that fit your specific needs.
• We're a full-service organization with coverage for every stage of business, from owner-only businesses with no payroll, to large companies managing multiple policies.
• We're among the largest, most experienced agencies for small business workers' compensation, and we're the largest workers' compensation partner for Travelers and The Hartford.
• Our licensed representatives give you the knowledge you need to choose the best plans for yourself, your business, and your employees.
• Our convenient service department is larger and available longer hours than those of most insurance agencies.

We Make Insurance Easier to Manage

Paychex Payroll clients have even more reason to choose the Paychex Insurance Agency. When payroll and benefits work together as partners, you can spend your time more profitably.

Workers' Compensation | Group Health and Benefits

Workers' Compensation Payment Service

Our payment service for Paychex Payroll clients calculates workers' compensation costs based on actual wages, improving cash flow while virtually eliminating up-front deposits and additional fees.

Workers' Compensation Payment Service
Things to Do	Without Paychex Insurance Agency	With Paychex Insurance Agency and Paychex Payroll
Calculate workers' compensation costs	Employer estimates costs based on potential wages for the upcoming year.	Paychex calculates workers' comp costs using actual wages — not estimates.
Pay workers' compensation premiums	Employer pays in advance for the year and is liable to pay lump sums at year-end due to potential audits.	Paychex sends payments each payday, helping improve your cash flow and reduce the risk of year-end lump sum payments.
Send payments to insurance carrier	Employer	Paychex sends payments electronically to ensure timely and accurate delivery.
Update insurance carrier of new employees and business locations	Employer	Paychex takes care of it for you.

Group Health and Benefits

Paychex Payroll clients with group health plans through Paychex Insurance Agency free themselves from many administrative responsibilities.

Group Health and Benefits
Things to Do	Without Paychex Insurance Agency	With Paychex Insurance Agency and Paychex Payroll
Track eligibility of new hires	Employer	Paychex
Remember to notify employees when they are eligible for coverage and provide application	Employer	Paychex provides assistance.
Submit new applications to carrier	Employer	Paychex
Address any carrier issues with applications	Employer	Paychex
Calculate, verify, monitor, and adjust payroll deductions as needed	Employer	Paychex
Remove terminated employees from coverage	Employer	Paychex
Check invoices to make sure employees have the correct coverage	Employer	Paychex reports provide assistance.
Make premium payments on time	Employer	Paychex*†
Provide plan participants with answers and guidance when navigating their benefits	Employer	Paychex
Offer a single, secure online portal with access to up-to-date plan information (employer and participant access)	Employer	Paychex
Stay informed on how Health Care Reform affects your business	Employer	Paychex
Administer POP	Employer	Paychex†
Administer FSA	Employer	Paychex†
Administer COBRA	Employer	Paychex†
*Availability of services may vary depending on carrier selection. † Additional fee.

Health Advocacy Services

Another way Paychex Insurance Agency makes insurance easier for you and your plan participants is through BalanceCare^SM Health Advocacy Services — offered free of charge to our clients. Benefits include:

• Faster, expert resolution of questions and issues related to your group-health plan.
• More efficient and economical access to benefit information.
• Increased productivity for employers, managers, HR staff, and employees.
• Higher participant satisfaction with your health-care plan.

The Paychex Effect

Our parent company, Paychex Inc., provides payroll, HR, and benefits solutions to more U.S. businesses than any other company — 536,000 at last count. You could say that Paychex Insurance Agency comes from a well-respected family:

• One of the "World's Most Ethical Companies" — The Ethisphere Institute
• Among "America's Most Admired Companies" — Fortune
• Multiple Alexander Hamilton Awards for excellence in treasury and financial management — Treasury & Risk

Find the Right Fit

To start the conversation, speak with a licensed Paychex Insurance Agency professional at 877-393-8868 and ask how we can help you select a plan for yourself, your employees, or your business.

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