Preferred Group Plans Inc

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Founded in 1987, The Preferred Group is a third party employee custom benefit administrator, based in Albany, N.Y., catering Flexible Spending Plans (FSAs), Health Reimbursement Accounts (HRAs), Commuter Reimbursement Arrangements (CRAs), Pre-Paid Benny Card, Health and Welfare Trust Funds and Self-Funded Dental Plans. The Pre-Paid Benny Card allows the customer to electronically access the pretax amounts set aside in the respective employee benefits accounts, such as Flexible Spending Accounts (FSAs), Health Reimbursement Accounts (HRAs), and Commuter Reimbursement Accounts (CRAs). The Preferred Group is New York State United Teachers (NYSUT) endorsed.