This Week
  • Natalie Sinisgalli turned a high-school dream into a studio of her own.

  • The first apartments will be ready next spring at Southpoint Cove in Penfield.

  • Research and development efforts in construction come from collaboration.

  • CEO Dawn Smith worked her way up through the ranks at Pace Electronics of Sodus.

  • Aloi Solutions LLC is focusing on automation and integration to grow.

  • The RBJ 75 supplement presents a list of the 75 largest private-sector employers.

First Niagara Benefits Consulting launches exchange

Rochester Business Journal
April 3, 2014

First Niagara Benefits Consulting, a division of Brighton-based First Niagara Risk Management Inc., has launched a private insurance exchange for business with 100 or more employees, company officials said Thursday.

First Niagara Benefits Exchange accommodates a range of employer contribution approaches to employee benefits, officials said.

“Providing superior choices and robust decision support tools, we enable employees to select benefits best suited to meet their unique cost and coverage objectives,” FNBC senior vice president William Hartz said in a statement.

The benefits exchange helps employers reduce health care costs by offering employees more choices and a better understanding of health care expenses, officials said.

FNBC will partner with Bswift, a Chicago-based provider of software and services for employee benefits administration and exchange, to build the exchange technology platform.

The two companies currently partner in the administration of private exchanges in New York, Pennsylvania, Connecticut and California, officials said.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google