Do Employers Have to Offer COBRA? Understanding Your Rights and Benefits

Friday, May 26, 2023 09:41 Posted by Admin
COBRA Coverage

Welcome to the Taylor Benefits Insurance Agency blog, where we strive to provide you with valuable insights and expert guidance on all things related to employee benefits. In today's article, we delve into an important topic that affects both employers and employees: COBRA (Consolidated Omnibus Budget Reconciliation Act). Have you ever wondered what happens to your health insurance coverage when you leave a job? Are you aware of your rights and benefits under COBRA? Whether you are an employer navigating

Read Full Article Here

What Is Short-Term Disability: A Must-Read Ins & Outs For Every Employee

Thursday, May 18, 2023 19:14 Posted by Admin

In an unpredictable world, who doesn't want a safety net? But when that safety net comes in the form of short-term disability insurance, understanding the ins and outs can often be a journey through a dense jungle. That's where Taylor Benefits Insurance Agency, comes in. We're here to provide you with a roadmap, shedding light on the labyrinth of terms like "elimination period," "waiting period," "benefit amount, "and "benefit period." Because when life throws a curveball in the form

Read Full Article Here

Employer Cost for Health Insurance: Group Health Insurance Benefits

Saturday, May 13, 2023 22:43 Posted by Admin

How can you make sense of all the information out there about employee health insurance cost? What are the key points you need to know about employer sponsored health insurance? Is it the right choice for you or your company? Whether you're an employee considering your health insurance options or an employer thinking about offering a group health insurance plan, we're here to guide you through the complex landscape of employer sponsored health insurance. In this article, Read Full Article Here

Employers 401K Match- Employer Contributions vs. Employee Contributions

Sunday, May 14, 2023 08:13 Posted by Admin
Employers 401K Match- Employer Contributions vs. Employee Contributions

  Ever wondered how your 401K plan works? Or why it's recommended to maximize your contributions? Most employees have minimal to no knowledge of how a 401 K matching works but it's an integral part of your health plan defining employer's and employee's contributions. As a leading provider of insurance and retirement plan services, we at Taylor Benefits Insurance Agency understand these questions are crucial when planning for your golden years. Let's demystify the concepts of employer and

Read Full Article Here

Summary Plan Description (SDP): Understanding Its Meaning & Functionality

Friday, May 12, 2023 16:44 Posted by Admin
Summary Plan Description (SDP) Understanding Its Meaning & Functionality

Summary Plan Description (SPD) is an essential document for every employee participating in their employer's benefits plan. Many employees are unaware of SPD and therefore, fail to navigate it effectively. In this article, our experts at Taylor Benefits Insurance agency will break down what an SPD is, what's its importance, and how it operates. Let's learn how SPD influences a health insurance plan and retirement benefits with our comprehensive guide of summary plan description.

Overview: What Is a Summary Plan

Read Full Article Here

Understanding the difference between a PPO and an HMO

Tuesday, May 2, 2023 10:45 Posted by Admin

Calculator, Currency notes and eye glasses on the tableAs healthcare costs continue to rise in the United States, many individuals are looking for ways to reduce their out-of-pocket expenses while still receiving high-quality care. Two of the most common types of health insurance plans are Preferred Provider Organizations (PPOs) and Health Maintenance Organizations (HMOs). While both types of plans offer certain advantages, there are several key differences between

Read Full Article Here

We’re ready to help! Call today: 800-903-6066