Bill Marvin, Marketing Manager
* To provide opportunities for quality, cost effective benefit programs, insurance and services;
* To engage top professionals to analyze and clarify the complexities of employee benefits, insurance and other service opportunities;
* To share this knowledge with and become a resource for member districts;
* To operate effectively and efficiently by engaging professional, experienced and trusted administrators;
* To foster confidence and participation through knowledge, effectiveness and integrity.
The New York Benefits for Educators and Students Trust (NYBEST), is a not-for-profit unincorporated association of NYS public school districts formed for the purpose of supporting School Business Officials and Human Resources administrators by reducing employee benefits costs, offering quality benefit plans and providing professional benefits expertise. Each of our 145+ member school districts designate a representative to serve on the Board of Governors; NYBEST Executive Committee members are elected from this board. The committee is responsible for overseeing the operations of NYBEST and The NYBEST Agency as outlined in the NYBEST Participation Agreement and By-Laws; both of which set forth the substantive and procedural rights and responsibilities of member school districts.
Benefits Consulting - The NYBEST Agency continuously monitors the availability of new programs and regulations from the insurance market place and regulatory agencies. In addition, as a consulting resource center for school districts, NYBEST interacts with School Business Officials, union officials, Board of Education and a large number of insurance carriers.
Voluntary Benefits- We offer voluntary plans for coverages like Cancer Coverage, Critical Illness Coverage, Accident Coverage, and Hospital Coverage through several carriers, including Aflac. Aflac is a fortune 500 company and insures over 40 million people worldwide. We also offer Voluntary Life Insurance, Voluntary Disability Insurance, Voluntary Dental Insurance, and Voluntary Vision Insurance.
Life insurance – Plans that feature either term life insurance or permanent life insurance are available and these benefits can be extended to family members. The agency recognizes that each district or union has different plan designs based on negotiated coverage levels.
Dental – Districts that use either traditional funding or self-insurance can obtain competitive proposals, as well as voluntary dental plans. The agency will assist a district in the selection process based on their needs and budgets along with the demographics of the employee population.
Vision Care – The NYBEST Agency offers voluntary and district paid vision to employee groups. Numerous plans are available that include eye exams, benefits for either glasses or contact lens, and discounts on LASIK and PRK procedures.
Medical Plans – The NYBEST Agency offers HMOs and other medical plans. Districts that offer HMOs but have no broker representation will benefit by assigning NYBEST to this function. The agency serves as an advocate in terms of resolving administrative and claim issues, as well as, providing alternatives at renewal time to help mitigate rate increases.
Health and Pharmacy Consulting- We offer services to help construct and manage plans to best anticipate and meet district’s needs in these complex areas.
Student Accident – The NYBEST Agency uses a variety of insurance carriers, including Pupil Benefits Plan, Inc., to provide a student accident insurance coverage for all school-sponsored activities, interscholastic athletics, work study programs and field trips. Districts have various coverage levels available based on their needs and requirements. Pupil Benefits Plan provides coverage for 750,000 students in 370 districts in New York State.
Short & Long Term Disability – Pays benefits that partially replace an employee’s income lost as a result of a disability. Coverage applies to disabilities that occur on and, in the case of Long Term Disability, off the job and are due to accident or sickness. The NYBEST Agency works with carriers that proactively help employees both manage their disability and accelerate their return to work.
With utmost confidentiality, The NYBEST Agency’s Regional Marketing Manager’s team members will personally visit your district to review your Benefits programs.
Coverage to be analyzed include Life Insurance, Dental Insurance, Health Insurance, Long Term Disability Insurance, Student Accident Insurance, and other ancillary plans.
A written evaluation, generated for each insurance program in terms of plan design and its associated cost, will be submitted to the School Business Official, and No action will be taken by NYBEST unless so directed by the School Business Official.
Sec. 125 FLEX Plans – Wageworks is one of NYBEST’s partners and administers Section 125 Flexible Spending Plans and supplemental insurance plans. Section 125 plans enable employees to shelter money on a pre-tax basis to pay for unreimbursed medical and dental expenses. Debit cards are available to participating employees and the cost for approved services is automatically deducted from the card.
The evolution of the NYBEST dates back to early 1997. At that time, a number of School Business Officials joined together to pursue the potential benefits of cooperatively addressing employee and student benefit plans. An eight member Steering Committee formed to advise and to act in a decision-making capacity.
The following year, the cooperative was finalized through the creation of the New York Benefits for Educators and Students Trust (NYBEST), a not-for-profit unincorporated association of public school districts formed pursuant to section 119-o of the New York General Municipal Law. Each member school district officially designates a representative to serve on the Board of Governors; NYBEST Executive Committee members are elected from this Board. The committee, comprised of up to15 members, is responsible for overseeing the operations of NYBEST and The NYBEST Agency The NYBEST Agency became an insurance brokerage licensed by the New York State Insurance Department in 2002. Through this agency, school districts have the ability to access and purchase insurance services and products, on either a group or individual basis. Additionally, districts can obtain Student Accident Insurance and health and pharmacy consulting services.
The NYBEST Agency operates on a not-for-profit basis and is wholly-owned by its participating member school districts. The agency also serves as an employee benefits consulting and resource center and sponsors educational seminars.
The NYBEST Agency is designed to provide school districts and their employees with greater control, stability, and cost effective products and services.
NYBEST also offers consulting services to ensure that school districts offer cost effective coverage compliant with collective bargaining unit agreement requirements.
The NYBEST Agency is an insurance producer licensed by the State of New York. Insurance producers are authorized by their license to confer with insurance purchasers about the benefits, terms and conditions of insurance contracts; to offer advice concerning the substantive benefits of particular insurance contracts; to sell insurance and to obtain insurance for purchasers. The role of the producer in any particular transaction typically involves one or more of these activities.
Compensation will be paid to the NYBEST Agency based on the insurance contract that The NYBEST Agency sells. Depending on the insurer(s) and the insurance contract(s) the client selects, compensation will be paid by the insurer(s) selling the insurance contract or by another third party. Such compensation may vary depending on a number of factors, including the insurance contract(s) and the insurer(s) the client selects. In some cases, other factors such as volume of business The NYBEST Agency provides to an insurer or the profitability of insurance contracts The NYBEST Agency provides to an insurer may also affect compensation.
The client may obtain information about compensation expected to be received by The NYBEST Agency based in whole or part on the sale of insurance to the client and (if applicable) compensation expected to be received based in whole or in part on any alternative quotes presented to the client by The NYBEST Agency, by requesting such information from The NYBEST Agency.
Meryl Rubinstein, President
Angelo Rubbo, Vice President
David Quattrocchi, Treasurer
Lisa Kyer, Assistant Treasurer
Ron Clamser, Jr.
Dr. Kishore Kuncham
Bill Marvin, Marketing Manager
Arthur J. Gallagher & Co.