ABOUT US
J.N. Savasta Corp. has been providing its clients with best-in-class strategies for employee benefits since 1989. We have unequaled experience working with organizations in virtually every industry, and have helped our clients achieve exceptional outcomes in the development of employee benefit programs that are streamlined, efficient and cost effective. All this while ensuring strict compliance with all relevant governmental regulations.
SOLUTIONS
What we do
Employees are the lifeblood of every successful corporation. There are many factors to be taken into consideration when designing a competitive compensation program to attract the best employees. J.N. Savasta Corp. continues to leverage 30 years of experience and knowledge to implement cost-efficient benefit programs that meet the needs of our clients and their employees. Our strong relationship with the premier carriers, national administrators and reinsurers puts us in a position to provide the best value to our clients.
J.N. Savasta Corp. works with each client to implement different employee benefit strategies. We work to understand your business, your employees and then develop a custom solution leveraging our knowledge and resources. Some of the services that J.N. Savasta Corp. provides include:
- – Financial Analysis
- – Employer/Employee Contribution Strategy
- – Benchmark Analysis
- – Network Optimization
- – Claim Mitigation and Management
- – Cost Containment Strategy
- – Prescription Benefit Management
To retain current employees and motivate new employees, ancillary benefits help supplement what traditional healthcare benefits do not cover. When offered on a voluntary, employer paid basis, or a combination of the two, they are becoming a greater part of an employer’s overall employee benefits solution. These offerings distinguish an employer and provide real value to their employees.
- – Dental Insurance
- – Vision Insurance
- – Life Insurance
- – Short-Term Disability
- – Long-Term Disability
- – Critical Illness
- – Medical Indemnity
- – Legal Assistance
- – Concierge Services
J.N. Savasta Corp. prides itself on being an innovative company that will leverage its relationships with carriers, vendors and our own platforms to develop proprietary solutions to meet clients’ needs. We go to great lengths to identify every program or service that might benefit our clients.
Wage Parity – Fringe Compliance Programs
Living wage regulations are becoming more widespread throughout the country. Many states have implemented benefits in lieu of a portion of the requirements that set minimum wages for employees. J.N. Savasta Corp. has developed administrative and auditing systems and processes to assist employers in complying with these requirements.
Our systems include:
- – Hours Tracking/Payroll Integration
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Ad-hoc reporting capabilities
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Auditable Report Capabilities
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- – SOC 1 Certified
- – Consolidated Premium Billing
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Monthly Reconciliation (Carrier Premiums, vendor service fees, funds distribution)
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Detailed invoice backups
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- – Eligibility maintenance
- – Designated Account Management Team
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Human Resource and employee support
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In-house multi-lingual staff: English, Spanish, Chinese (Mandarin/Cantonese), Russian, Korean, French, Italian, Romanian
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- – Dedicated Financial Team
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Individually managed accounts
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Exportable QuickBooks reporting
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Rx Solutions
J.N. Savasta Corp. in partnership with its affiliated company Broadreach Medical Resources Inc., has developed proprietary Rx products that help employers more efficiently manage their Rx solutions while providing a better member experience. Additionally, Broadreach Medical Resources Inc. has the only fully insured, ACA compliant, stand-alone Rx product in the industry.
Throughout the years, the regulatory and legal landscape for employee benefits has become increasingly complex. J. N. Savasta Corp. has the experience to help our clients navigate the regulatory jungle. The Account Management team will keep you appraised on all the regulatory changes that occur.
Health Care Reform – The delivery of healthcare and health insurance has become a highly political topic, with Republicans and Democrats attempting to shape legislation and create an environment of uncertainty. As a result, it has become increasingly important to partner with a company that is well-versed in these changes. J.N. Savasta Corp. is that partner.
The Employee Retirement Income Security Act of 1974 (ERISA) – ERISA is a federal law that sets minimum standards for most voluntarily established pension and welfare plans in private industry to provide protection for employees. Maintaining compliance with ERISA is of paramount importance when developing an employee benefit offering. J.N. Savasta Corp. works with ERISA attorneys to ensure we understand all ERISA requirements pertaining to our client’s programs.
Fair Labor Standards Act (FLSA) – The FLSA establishes minimum wage, overtime pay, record keeping, and child labor standards affecting full-time and part-time workers’ both in the private sector and in government. The conversation around worker’s pay and rights has resulted in a number of requirements, and J.N. Savasta Corp will work with you to makes sure that your company is aware of all aspects of these standards.
Retirement plans continue to be one of the most highly coveted employee benefits an employer can offer. Knowing that reliance on Social Security upon retirement is unwise, employees often look to their employer to provide them with retirement options. J.N. Savasta Corp. will work with your company to implement a retirement solution designed to attract and retain the employees that are valuable to your organization.
J.N. Savasta Corp. will provide you with the resources you need to maintain fiduciary compliance and improve your employees’ experience.
At J.N. Savasta Corp., we understand that Human Resources must support an organization’s strategic mission, vision and goals; as well as mitigate any risk posed to both employees and employers. HR must be a business partner in ensuring quality, compliance and return on investment. At J.N. Savasta Corp., we have fully accredited, in-house experts to consult and partner with your organization in the following competencies and areas:
- – Recruiting and Staffing
- – Benefits
- – Compensation
- – Employee Relations
- – HR Compliance
- – Organizational Design
- – Training and Development
- – HRIS (Human Resource Information Systems)
LEADERSHIP
Our leadership team
Joseph N. Savasta
President
Joseph N. Savasta, President, founded J.N. Savasta Corp. in 1989 to be a premiere New York-based employee benefit brokerage and consulting firm. The company, which currently administers benefits, supplemented by additional products, services and employee retirement programs, serves plan participants for groups operating in most states, as well as Europe and Asia. As a business professional with equity participation in several ventures, Joseph has expertise in start-up organizations where he has been able to implement successful sales and marketing strategies which have rapidly made these organizations financially solvent. This tremendous growth is attributed to each company’s reputation for extensive product knowledge and thorough service.
A Magna Cum Laude graduate of the University of Buffalo, holding a degree in Business Management, Joseph did his graduate studies in International Business and Finance at New York University. A member of the Board of Directors of the Viscardi Center, as well as the Board of Directors of Abilites Inc., Joseph has been recognized for his philanthropic involvement and support of numerous non-profit and community service organizations. With his leadership, J.N. Savasta Corp., and our employees, proudly support The Viscardi Center, St. Francis College, UCP of Utica, Feed the Children, City Harvest, St. Jude’s Children’s Hospital, Wounded Warriors, and many other worthy causes and institutions.
Scott Geromette
Chief Strategy Officer
Scott joined J.N. Savasta Corp. in 2023 as Chief Strategy Officer after having served as one of its external consultant for more than five years. Prior to joining the company, Scott was a partner at a large, Midwest-based business law firm where he served as the Leader of the Insurance and Regulatory Practice. Having been in private practice for more than 13 years, Scott has substantial experience with the evaluation, development, implementation and management of a wide variety of insurance and self-insurance programs, both in the property and casualty as well as the accident and health space. In particular, he has worked with (i) insureds and employers of all sizes and from all industry sectors looking to implement comprehensive structures to best manage their risk in a cost and tax efficient manner, and maximize value to their employees, (ii) brokers seeking to ensure legal/regulatory compliance as they develop programs to better address their clients’ needs, and (iii) commercial insurance companies desiring to deliver innovative and efficient solutions to insureds that are faced with ever-changing market conditions. His legal training, combined with his depth of experience across the spectrum of identifying insurance/self-insurance needs and developing sophisticated yet practical solutions, has provided Scott with a unique perspective that makes him a valuable member of the J.N. Savasta Corp. team and an asset to its clients.
Scott graduated Summa Cum Laude from the Moritz College of Law at The Ohio State University. He attended undergrad at Columbia University where he graduated with honors. Scott is licensed to practice law in Michigan and is involved in a number of organizations and association groups.
Jonathan Conaghan
Vice President
Jonathan Conaghan joined J.N. Savasta Corp. in 2012. He was initially hired as an account executive tasked with business development and has since progressed into his current role as a Vice President. While with J.N. Savasta Corp. he has worked as part of a team to develop a best in class administrative platform for assisting clients with regulated wage, hour and fringe benefit compliance.
Jonathan’s focus is understanding the various intersecting regulations affecting J.N. Savasta Corp.’s clients and leveraging that knowledge to implement valued benefit programs while keeping clients up to date on all relevant regulatory changes.
Prior to joining J.N. Savasta Corp. Jonathan worked at AXA Advisors as an insurance consultant where he assisted employers in implementing cost efficient employee benefit programs. He also assisted individuals with life insurance and financial planning.
Anneliese Balazs
Senior Vice President
Mrs. Balazs joined our firm in 2010 in an Account Management and Sales Support capacity and has progressed into her current role as a Senior Vice President. In addition to the design and development of our client’s employee benefit plans, Anneliese has been instrumental in developing J.N. Savasta Corp’s implementation and marketing for the Affordable Care Act as well as developing strategic partnerships that have helped to support our client’s requirements.
Her considerable expertise and years of experience allow her to be a client advocate and problem solver as health care models continue to evolve. She presently serves as a final advocate for our corporate clients.
Anneliese holds a B.A. in Forensic Psychology from John Jay College of Criminal Justice. Prior to that, Ms. Balazs attended the Dimitrie Cantemir Law School in Cluj-Napoca, Romania.
Vlad Tiganescu
Director, Account Management
Vlad Tiganescu joined J.N. Savasta Corp. in 2013 and initially worked in an Account Management role. In this role, Vlad handled the processing of client’s eligibility, assisting with billing, claims submission, resolution and follow-up, general client administration, as well as handling annual renewals. While with J.N. Savasta Corp. Vlad has taken on new roles and additional responsibilities including leading up operations of the Fixed Cost Division. In this role, he oversees day to day administrative functions of the unit. He has also lead up several new projects including the filing of 6055-6056 reporting for J.N. Savasta Corp. clients’ Affordable Care Act compliance. Mr. Tiganescu holds a B.A. in Marketing from the National University of Political Studies and Public Administration of Bucharest.
Joseph N. Savasta
President
Joe Savasta, President, founded J.N. Savasta Corp. in 1989 to be a premiere New York-based employee benefit brokerage and consulting firm. The company, which currently administers benefits, supplemented by additional products, services and employee retirement programs, serves plan participants for groups operating in most states, as well as Europe and Asia. A young and dynamic company, J.N. Savasta Corp. has since grown to handle in excess of $250 million of fully insured and self-insured health insurance premiums. Joe, a business professional with equity participation in several ventures, has expertise in start-up organizations where he is able to implement successful sales and marketing strategies which have rapidly made the organizations financially solvent. This tremendous growth is attributed to the company's reputation for extensive product knowledge and thorough service.
A Magna Cum Laude graduate of the University of Buffalo, holding a degree in Business Management, Joe did his graduate studies in International Business and Finance at New York University. A member of both the Board of Directors of the Viscardi Center, as well as the Board of Directors of Abilites Inc., Joe has been recognized for his philanthropic involvement and support of numerous non-profit and community service organizations. With his leadership, J.N. Savasta Corp., and its employees, proudly support the Viscardi Center, St. Francis College, UCP of Utica, Feed the Children, City Harvest, St. Jude’s Children’s Hospital, Wounded Warriors, and many other worthy causes and institutions.
Scott Geromette
Chief Strategy Officer
Scott joined J.N. Savasta Corp. in 2023 as Chief Strategy Officer after having served as one of its external consultant for more than five years. Prior to joining the company, Scott was a partner at a large, Midwest-based business law firm where he served as the Leader of the Insurance and Regulatory Practice. Having been in private practice for more than 13 years, Scott has substantial experience with the evaluation, development, implementation and management of a wide variety of insurance and self-insurance programs, both in the property and casualty as well as the accident and health space. In particular, he has worked with (i) insureds and employers of all sizes and from all industry sectors looking to implement comprehensive structures to best manage their risk in a cost and tax efficient manner, and maximize value to their employees, (ii) brokers seeking to ensure legal/regulatory compliance as they develop programs to better address their clients’ needs, and (iii) commercial insurance companies desiring to deliver innovative and efficient solutions to insureds that are faced with ever-changing market conditions. His legal training, combined with his depth of experience across the spectrum of identifying insurance/self-insurance needs and developing sophisticated yet practical solutions, has provided Scott with a unique perspective that makes him a valuable member of the J.N. Savasta Corp. team and an asset to its clients.
Scott graduated Summa Cum Laude from the Moritz College of Law at The Ohio State University. He attended undergrad at Columbia University where he graduated with honors. Scott is licensed to practice law in Michigan and is involved in a number of organizations and association groups.
Jonathan Conaghan
Vice President
Jonathan Conaghan joined J.N. Savasta Corp. in 2012. He was initially hired as an account executive tasked with business development and has since progressed into his current role as a Vice President. While with J.N. Savasta Corp. he has worked as part of a team to develop a best in class administrative platform for assisting clients with regulated wage, hour and fringe benefit compliance.
Jonathan’s focus is understanding the various intersecting regulations affecting J.N. Savasta Corp.’s clients and leveraging that knowledge to implement valued benefit programs while keeping clients up to date on all relevant regulatory changes.
Prior to joining J.N. Savasta Corp. Jonathan worked at AXA Advisors as an insurance consultant where he assisted employers in implementing cost efficient employee benefit programs. He also assisted individuals with life insurance and financial planning.
Anneliese Balazs
Senior Vice President
Mrs. Balazs joined our firm in 2010 in an Account Management and Sales Support capacity and has progressed into her current role as a Senior Vice President. In addition to the design and development of our client’s employee benefit plans, Anneliese has been instrumental in developing J.N. Savasta Corp’s implementation and marketing for the Affordable Care Act as well as developing strategic partnerships that have helped to support our client’s requirements.
Her considerable expertise and years of experience allow her to be a client advocate and problem solver as health care models continue to evolve. She presently serves as a final advocate for our corporate clients.
Anneliese holds a B.A. in Forensic Psychology from John Jay College of Criminal Justice. Prior to that, Ms. Balazs attended the Dimitrie Cantemir Law School in Cluj-Napoca, Romania.
Vlad Tiganescu
Director, Account Management
Vlad Tiganescu joined J.N. Savasta Corp. in 2013 and initially worked in an Account Management role. In this role, Vlad handled the processing of client’s eligibility, assisting with billing, claims submission, resolution and follow-up, general client administration, as well as handling annual renewals. While with J.N. Savasta Corp. Vlad has taken on new roles and additional responsibilities including leading up operations of the Fixed Cost Division. In this role, he oversees day to day administrative functions of the unit. He has also lead up several new projects including the filing of 6055-6056 reporting for J.N. Savasta Corp. clients’ Affordable Care Act compliance. Mr. Tiganescu holds a B.A. in Marketing from the National University of Political Studies and Public Administration of Bucharest.
NEWS
Article | Documents |
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How To Boost Recruiting And Retention Efforts With Employee Benefits | Read more |
Benefits for Part-Time Employees Reduces Talent Gap for SMBs | Read more |
The New I-9 Form Finally Catches Up to Accommodate the Remote Workforce | Read more |
What Employers Should Know About The New 1-9 Remote Verification | Read more |
6 Steps Teams Can Take to Better Support Workers in Menopause | Read more |
HR Tech CEO and Former OpenAI Exec Discuss AI’s Workforce Implications | Read more |
COVID-19 RESOURCES | Last update: 04-02-2020 | |
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CARRIER GUIDE FOR BENEFITS CHANGES | Outlining Benefits Changes In Response To The Coronavirus | Read more |
COVID-19 FAQs | Visit Coronavirus FAQs | Read more |
COMPLIANCE GUIDANCE | Legislative Updates: State And Federal | Read more |
FAMILIES FIRST CORONAVIRUS RESPONSE ACT (FFCRA) | Families First Coronavirus Response Act Simple Flow Chart | Read more |
Families First Coronavirus Response Act | Read more | |
CARES ACT 2020 | Coronavirus Aid, Relief and Economic Security (CARES) | Read more |
LIBRARY
Our articles
Article | Documents | |
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THE ROLE OF HUMAN RESOURCES IN A CRISIS | Read or download | |
YOUR SOCIAL MEDIA PRESENCE | Read or download | |
TOO MUCH INFORMATION | Read or download | |
THE BAD HIRE | Read or download | |
POLITICAL PREOCCUPATION IN THE WORK PLACE | Read or download | |
EXPERT WITNESS | Read or download | |
A CULTURE WITHOUT GOSSIP | Read or download | |
SEPARATION WITH DIGNITY | Read or download | |
“IT IS OUR PRIMARY GOAL TO MAKE MANAGING YOUR HUMAN CAPITAL AS EASY AND AFFORDABLE AS POSSIBLE.“
Joseph N. Savasta
CONNECT
Get in touch
Corporate Headquarters
1350 Broadway Suite 410 New York, NY 10018
Las Vegas
1980 Festival Plaza Dr. Suite 300 Las Vegas, NV 89135