Finding the best health insurance plan for your small business can certainly feel like a daunting task. While you can insure your employees virtually any time of the year, there is a period called Open Enrolment that creates the perfect opportunity for business owners to review insurance policies for their employees. How does it work and what does the process look like? It can get a bit tricky if you are new to this. Fortunately, the team of experts at
Read Full Article HereLarge group health insurance plans come with a lot of benefits both for the employer and the employee. Usually, there is a higher coverage for group insurance, more flexibility to qualify as a beneficiary, and fewer tax costs, among other positive aspects. But, finding the best large group health insurance plan isn't always an easy feat as there are countless factors you need to consider to make sure you get the best deal. That's where Taylor Benefits Insurance Agency can
Read Full Article HereCovering your employees for their health needs is very important as a business, but it can be hard to navigate through the insurance system. Insurance plans vary a lot, and it’s crucial to provide coverage as required, not only because your business might be in trouble for not doing so, but for retaining employees and having them benefit from the health coverage they need. Almost 50% of Americans have group insurance plans provided by their employers. Employees are often not
Read Full Article HereIf you are happy with your current group health insurance broker, that is great! We applaud your decision to work with a company that's committed to providing good service. However, if you’re not completely satisfied and would like to explore your options, we would be more than happy to help. Our brokerage firm offers many benefits that you may not be getting from your current broker. Here are some of them:
Yes, it will. Generally, any expenses a company (read employer) pays for health insurance are fully tax-deductible as ordinary organizational expenses on both the state and federal levels. This includes premiums for large group health insurance policies, as well as administrative costs associated with running the plan.
Kaiser Permanente, or more commonly known as just ‘Kaiser,’ is an integrated managed care consortium in the United States. Based in Oakland California, Kaiser operates in eight U.S. states and is the largest managed care organization in the country. It is estimated that Kaiser currently provides insurance to 12.5 million people. With this number in mind, what is it that compels so many people to rely on Kaiser for their group health insurance coverage? For starters, Kaiser’s mission is
Read Full Article HereUntil a while ago (in 2010, to be more precise), companies would have the option to reimburse their employees for health insurance. This meant covering insurance costs for employees who would choose their own insurance. Covering individual insurance premiums used to be an advantage for smaller businesses that didn’t have to decide on a group plan. Today, however, it’s not a good idea to try to reimburse the health insurance of your employees before being informed of the consequences of
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