Athens is the county seat of Limestone County and is among the oldest incorporated cities in Alabama. The city is home to the Brown's Ferry plant, which offers many jobs to the city's residents, but Athens has other employment options as well.
Employers who want to appeal to job seekers in Athens should consider providing affordable group health insurance plans in order to attract and retain the best workforce.
Business owners and HR managers know that offering employee benefits is a great way to attract quality professionals. Health insurance and employee benefit plans are more affordable when provided through an employer compared to the cost human resources face when obtaining coverage individually. That is one reason why job seekers often prefer to work for companies that offer health insurance plans and employee benefits packages.
When you provide such plans, your business may benefit from the boost to your reputation in the community. Your company may also qualify for tax breaks if your health plan complies with the Affordable Care Act (ACA) and other local, state, and federal laws.
Large employers in Athens, Alabama, may find that they are obligated to provide health insurance to eligible employees due to the requirements of the Affordable Care Act's employer-shared responsibility provisions. ALEs (applicable large employers) must either offer insurance coverage to human resources that are 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 9.12 percent of gross income. That means if the employee's pay is $50,000, their share of the premium must be less than $4560. 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.
In Alabama, like elsewhere in the U.S., the cost of health care 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 families as well. Small companies have benefitted from legislative improvements related to the ACA and SECURE Act, which support companies' efforts to establish coverage.
There is a tax credit available for small businesses (with fewer than 25 full-time or full-time equivalent employees) that pay average wages of less than$53,000 and offer coverage through the Small Business Health Options Program and subsidize at least half the cost (for the employee—no subsidy is necessary for family plans).
A good employee benefits plan in Athens, Alabama, will most likely help companies of any size to recruit and retain employees. Workers' primary consideration is often the pay rate, but most also compare the employee benefit plans offered when considering options. Health insurance is a critical component of a solid benefits package plan.
Workers also prefer to get paid time off, even though it's not required. Over half of the employers in Alabama offer some paid sick leave, and over 85 percent provide paid vacation time.
If their employee benefit plan has those basic components, employees also ask for dental coverage, vision insurance, childcare assistance, retirement plans, wellness initiatives and flexible scheduling policies.
Buying insurance products can be very stressful for your company. There are tons of insurance companies offering competing and even confusing policies. Here are some things to consider when evaluating providers:
Some of the licensed insurance companies we work with include Anthem Blue Cross, Blue Shield, HCSC Group, eHealthInsurance, HIP Insurance Group, Humana Group, Kaiser Foundation Group, Unitedhealth Group and more.
You will get affordable insurance premiums when you buy insurance products through an insurance broker. The following are some benefits Medicaid members get from working with insurance brokers:
Call 800-903-6066 for a free consultation on Athens, AL Group Health Insurance & Employee Benefits Package Plans and attract the top talent in the job market. Our main goal is to help your employer save time and money through efficient management of your benefit programs.
Taylor Benefits has been offering group health insurance and employee benefits package plans in Athens for more than 25 years. Our goal is to create custom plans that will attract and retain top talent and help you enhance your company culture. We understand every company is unique, and we can help you address your specific needs.
We are an industry leader with a proven track record of providing exceptional services. We offer comprehensive group benefits package plans guaranteed to deliver excellent results for your California business. We use our expertise to ensure that your employee benefit plans match your business needs and those of your employees. Our brokers employ the highest professional standards when serving our clients.
We provide the following group health insurance and employee benefits plans to our diverse clients:
Are you looking for Athens, AL Group Health Insurance & Employee Benefits Plans? Click the quote button to get an instant quote.
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 that your carrier and your program remain competitive. We also provide unbiased advice aimed at helping you choose the right plans for your business and employees.
Call us now at 800-903-6066, and we will provide you with all the information you need. You can also request a free quote here.
Written by Todd Taylor
Todd Taylor oversees most of the marketing and client administration for the agency with help of an incredible team. Todd is a seasoned benefits insurance broker with over 35 years of industry experience. As the Founder and CEO of Taylor Benefits Insurance Agency, Inc., he provides strategic consultations and high-quality support to ensure his clients’ competitive position in the market.
Todd Taylor with Taylor Benefits gives our small business the kind of personal service we need. Insurance benefits are important to our employees and Todd helps us find a balance between benefits and value. Todd responds immediately to my phone calls & e-mails. He has even gotten in touch with me on a Sunday when we were in need of coverage answers immediately. We are very pleased with the hands-on service Todd and his staff provide.”
-Ken and Linda Orvick, Orvick Management Group, Inc.
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