Athens Group Health Insurance & Employee Benefit Plans

Athens is located in the county seat of Limestone County and is among the oldest incorporated cities in Alabama State .The city is home to Browns Ferry plant which offers many jobs to the city's residents. The city's estimated population was 25, 393 in 2016. The presence of institutions of higher education provides businesses with a skilled and professional labor force.

Employers who want to appeal to job seekers in this city should provide affordable group health insurance plans in order to attract and retain the best workforce. This will enable their businesses to grow.
Athens group health insurance plans

Group Health Insurance and Employee Benefits

Business owners should offer employee benefits so as to attract quality professionals. Health insurance and employee benefits are affordable when provided through an employer but costs more for individuals. That is why job seekers these days apply for jobs that offer all-inclusive health insurance plans and employee benefit packages.

When you provide such plans, your business will grow rapidly irrespective of competition as a result of your employees' health being taken care of. Your business will also qualify for annual tax breaks if your plan complies with the Affordable Care Act (ACA) and other local, state and federal laws.

Athens, Alabama Large Group Health Insurance Plans

For large employers in Athens, Alabama, providing health insurance to employees is a recruitment tool and a suitable method of meeting the requirements of the Affordable Care Act's employer shared responsibility provisions. ALEs (applicable large employers) must either offer insurance coverage to workers that is both affordable and meets specific minimum standards or make a payment to cover the employer shared responsibility to the IRS.

Affordability is defined as individual coverage with an employee expense of less than 9.6 percent of gross income. That means if the employee’s pay is $50,000, their share of the premium must be less than $4800. Employers presently don’t have the same responsibility to make affordable insurance available to their worker’s family members, which may push some dependents into health marketplace plans. Of course, the employer’s provided coverage must also satisfy the minimum requirements established by the ACA.

Athens, Alabama Small Business Health Insurance Plans

In Alabama, like elsewhere in the U.S., the cost of healthcare insurance can be a burden on small businesses. Yet over half of the small companies provide health insurance coverage to at least their employees, with some offering it to dependents as well. Small companies have benefitted from legislative improvements related to the ACA and SECURE Act, which support companies establishing the coverage.

There is a tax credit available for small businesses (fewer than 25 full time or full-time equivalent) employees with average wages of less than$53,000 which offer coverage through the Small Business Health Options Program and subsidize at least half the cost (for the employee—no subsidy is necessary for dependents).

Athens, Alabama Employee Benefit Plans and Employee Benefit Packages

A good employee benefits plan in Athens, Alabama, will most likely help companies of any size when working to recruit and retain employees. Workers’ primary consideration is often the pay rate, but most also compare the benefits offered when considering options. Health insurance is a critical component of a solid benefits plan.

Paid time off is also highly desired, even though it’s not required (apart from regulations specifically addressing Covid leave). Over half of employers offer some paid sick leave in Alabama, and over 85 percent provide paid vacation time.

After those basics, employees report wishing for dental coverage, vision insurance, childcare assistance, retirement plans, and flexible scheduling policies.

What to Look For In an Insurance Provider

Buying insurance products can be very stressful due to the many insurance companies offering insurance policies. Here are qualities an insurance provider should have:

  • Your provider's claim process should be transparent. Find out if your provider pays claims or maturity benefits properly.
  • Research the company you are interested in to know their rating then compare it with other insurance companies. Consider doing business with companies that are highly rated.
  • Before buying insurance products from your provider, find out their financial stability by checking their rating. Companies that are in a good financial position are capable of delivering their services to clients.
  • Find out how long your provider has been offering group health insurance and employee benefit plans in your city or state. Companies with a lot of experience are capable of satisfying your insurance needs.

Benefits of Working with an Insurance Broker

You will get affordable insurance premiums when you buy insurance products through an insurance broker. The following are benefits of working with insurance brokers:

  • Brokers are very professional. They will guide you through the confusing claims process while explaining to you each single step of the entire process. They will use their past experience with clients to give you the best advice.
  • Brokers will recommend insurance policies custom to your specific needs because they deal with a wide range of products and services.
  • Brokers will offer faster and personalized support because they work directly with you. They will listen to you to understand your needs then create plans to cater for them.

Dial 800-903-6066 and get free consultation on Athens,AL Group Health Insurance & Employee Benefit Plans

Who We Are

Taylor Benefits has been offering group health insurance and employee benefit plans for more than 25 years in Athens. Our goal is to create custom plans that will attract and retain the best employees in addition to building your company culture. We understand every company is unique and has specific needs.

We are an industry leader with a proven track record of providing exceptional services. We offer comprehensive group benefit plans guaranteed to deliver excellent results for your business. We use our expertise to ensure that your employee benefit plans cater for your business needs and the needs of your employees. Our brokers exercise high professional standards when serving our clients.

Athens group health insurance plans

Insurance Products by Taylor Benefits

We provide the following group health insurance and employee benefit plans to our diverse clients:

  • Group health insurance plans
  • Dental insurance
  • Vision insurance
  • Medical insurance
  • Affordable Care Act (ACA) compliance
  • Group retirement plans
  • Employee benefits and wellness plans
  • Long-term disability insurance
  • Section 125 cafeteria plans
  • Short-term disability insurance
  • 401 k plans
  • Health Savings Accounts (HSA)
  • Group life insurance
  • Employee pension plans
  • Group long-term care

Are you looking for a Athens,AL Group Health Insurance & Employee Benefit Plans? Click the quote button to get an instant quote.

Why Taylor Benefits

At Taylor Benefits, we strive to provide your employees with an affordable and comprehensive employee benefits plan. We conduct market analysis when it’s time to renew your plan to ensure your carrier still holds a competitive place. We also provide unbiased advice aimed at helping you come up with the right plans for your business and employees.

Contact Us

Call us now on 800-903-6066 and we will provide you with all the necessary information you need. You can also request for a free quote here.

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