- Providing world class service and value for employee benefit group plans since 1987
Health insurance is becoming a necessity for many US companies to think about. In today’s climate, the employee benefits package is one of the first things potential and current employees consider, so when it comes to increasing employee retention and attracting new talent, large group health insurance plans are a top priority to improve. If you are now researching a new group plan for your employees, you might be understandably wondering how much it’s going to end up costing
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If you’re weighing your options on what benefits to offer employees—the cost of group health insurance can leave you with a little sticker shock. The cost is high enough to at least make you question what the real value is of paying for this benefit. Let’s take a look at how different employees can use their group health coverage.
Once you’ve made the decision to offer group health insurance to your employees—either to satisfy a mandate or to boost your competitiveness in attracting talent, it’s time to start shopping. About half of the total US population is covered by group health insurance through employers, so you’re in good company. You should put together a benefits policy early on that identifies in writing who is—and is not eligible for group coverage. While you may have control over certain eligibility
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There are two main ways to buy private health insurance in the US—either through a group plan or as an individual. Group plans are a common benefit of employment. However, not everyone has access to participate in a group health insurance plan. Here, we’ll take a look at the key differences between group plans and individual coverage so that you can understand the real value of this benefit.
Offering all employees a comprehensive benefits package is one of the best things an employee can do to both motivate current employees and attract new talent to their doorstep. And opting for large group HMO plans can allow companies to remain competitive while still keeping their costs fairly low. However, navigating the intricacies of large group health insurance plans can be daunting. With more than 50 employees on your roster, it can be rather difficult to find a package
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As employers shop around for health insurance coverage options for their employees, it’s common to want to know the different strategies and their associated costs. When it comes to group health insurance costs from a small business owner’s perspective, the premium is typically the most important number to ponder. The premium refers to the payments that are made to the insurance company monthly to maintain coverage. Despite the fact that premiums have grown over time, the average cost of
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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
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Large 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
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Covering 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
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If 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:
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.
We’re ready to help! Call today: 800-903-6066