- Providing world class service and value for employee benefit group plans since 1987
Providing quality health insurance and a strong benefits package is a fundamental part of running a successful business. Employers in Dallas who offer group health insurance not only support their employees’ well-being but also enhance workplace morale and productivity. In today’s competitive job market, offering robust health benefits can make all the difference in attracting and retaining top talent.
A well-structured Dallas group health insurance plan serves as a critical investment for companies looking to foster a healthy and motivated workforce. As a business owner, you want options and the ability to cut down the time it takes to find an insurance carrier that you can trust. This is all made possible through a reliable, licensed insurance broker. By ensuring that employees have access to essential healthcare services, businesses can reduce absenteeism, improve overall job satisfaction, and boost long-term performance.
At Taylor Benefits Insurance, we specialize in helping companies design customized health insurance and Dallas employee benefits plans tailored to their unique needs and budgets. We want to make sure you keep each hard worker and their family happy by offering them the best vacation, unemployment, insurance, flexible retirement plans, and more. Our professional and expert insurance brokers will come up with the perfect insurance solution for you to introduce to your employees and their families.
Group health insurance provides medical coverage to employees under a single policy, typically sponsored by the employer. The premiums are shared between the employer and employees, making it a cost-effective option compared to individual plans. Small, mid-sized, and large businesses in Dallas can all benefit from offering group health insurance, ensuring financial security and peace of mind for their workforce.
Finding the most affordable yet comprehensive employee benefits package that includes medical coverage and other perks in Dallas, isn’t all that simple. As a business owner, you want options and the ability to cut down the time it takes to find an insurance carrier that you can trust. This is all made possible through a reliable, licensed insurance broker.
At Taylor Benefits Agency we have been helping individuals and companies find the most affordable benefit packages for workers for almost 30 years. This shows them how much you care and want to prevent them from illness by providing medical coverage at low rates. If you’re trying to keep it simple, inquire about our most basic plans and benefits- PPO, HMO, FSA, and HSA. Otherwise, look below for other options.
Enhanced Employee Satisfaction & Retention – A competitive employee benefits program fosters loyalty and job satisfaction.
Lower Premium Costs – Group plans typically cost less per employee than individual policies.
Tax Benefits – Employers can take advantage of tax deductions and credits when providing health benefits.
Improved Employee Health & Productivity – Preventive care and regular check-ups lead to healthier employees and reduced absenteeism.
Regulatory Compliance – Many businesses are required by law to offer health coverage, and a Dallas group health insurance plan ensures compliance with federal and state mandates.
Large businesses in Dallas need to offer their employees’ health protection that satisfies the Affordable Care Act standards for affordability and coverage. The affordability threshold in 2023 means that the subscriber’s share can’t exceed 9.1 percent of the worker’s gross income. In addition, the policies must cover services that the ACA considers essential, or they may fail the comprehensive service standard. Businesses must also offer insurance to workers’ dependents, but the cost doesn’t have to meet affordability standards. Finally, insurers can’t deny coverage based on pre-existing conditions, and dependents can stay on a parent’s plan until they turn 26 years old.
Some companies prefer to allow workers to choose between programs, so they can select coverage that meets their needs. However, at least one option must meet the affordability standard, and all must include the essential benefit areas. In addition, the ACA uses a system of metal tiers (bronze, silver, gold, and platinum) to highlight each program’s value, which helps subscribers research how much the plan will cover. For example, a bronze plan will have the lowest premium cost but cover the smallest portion of service costs. Conversely, silver, gold, and platinum will have a higher premium and cost less to use.
In Dallas, like anywhere else in the U.S., the cost of healthcare insurance can be challenging for small businesses. Yet over half of the small companies provide coverage to their employees, with some also offering it to dependents. Some pay part or all the cost. Small companies have benefitted from legislative improvements related to the ACA and SECURE Act, which support companies establishing coverage.
For example, there is a tax credit available for some small businesses. If the company has fewer than 25 employees who receive an average wage of less than $53,000 and if they offer coverage through the Small Business Health Options Program and subsidize at least half the cost, the company may receive the credit. Your Taylor Benefits Insurance consultant can help sort out eligibility.
Every business has different health coverage needs, which is why a one-size-fits-all approach does not work. Taylor Benefits Insurance provides customized Dallas employee benefits plans that align with your company’s financial goals and workforce expectations. Our plans typically include:
Medical Insurance – Covers doctor visits, hospital stays, prescription medications, and preventive care.
Dental & Vision Plans – Helps employees access essential dental cover and eye care services.
Life Insurance – Provides financial security for employees’ families in the event of unforeseen circumstances.
Disability Insurance – Protects employees financially if they are unable to work due to illness or injury.
Wellness Programs – Encourages employees to adopt healthier lifestyles, reducing long-term medical costs.
Dial 800 -903-6066 and get free consultation on Texas Group Health Insurance & Employee Benefit Plans
As a leader in the insurance industry, Taylor Benefits Insurance is dedicated to helping Dallas businesses create the best Dallas group health insurance plans. Our approach prioritizes affordability, flexibility, and compliance, ensuring your company offers top-tier benefits without exceeding budget constraints.
Cost-Effective Plans – We work with multiple carriers to provide competitive pricing and the best value.
Comprehensive Coverage – Our benefits packages cover all essential healthcare needs to support employee well-being.
Regulatory Expertise – We ensure your employee benefits program complies with ACA, HIPAA, and other industry regulations.
Ongoing Support – Our team provides continuous assistance with claims, policy changes, and employee education.
Evaluate Employee Needs – Conduct surveys or analyze workforce demographics to understand required coverage options.
Establish a Budget – Determine how much your company can contribute toward health benefits.
Compare Insurance Plans – Work with Taylor Benefits Insurance to find the best options for your business.
Select a Provider – Choose a reputable insurance carrier offering comprehensive and affordable coverage.
Communicate with Employees – Educate employees about their benefits and assist them in the enrollment process.
Review Annually – Assess your Dallas employee benefits plans periodically to ensure they continue meeting business and employee needs.
Providing a strong employee benefits program is a smart investment for any business in Dallas. By offering competitive health insurance and benefits, you not only safeguard your employees’ well-being but also strengthen your company’s reputation as a top employer. If you’re ready to explore the best Dallas group health insurance options, Taylor Benefits Insurance is here to help.
Contact us today at 800-903-6066 to find the right plan tailored to your business’s needs and budget!
Here are some concise answers to some of Dallas, Texas’s most common health insurance questions.
Most companies, provide health protection that covers a wide range of medical procedures, including prescribed medications, hospital appointments, and surgeries.
Plastic surgery, for example, is not covered since it is judged unnecessary. Furthermore, because most medical coverage policies exclude dental and vision coverage, these two health-related services must be obtained separately.
Employees, regardless of income, can contribute to team health insurance schemes. The average employee pays around $3240 in healthcare per year, which is roughly three times less than the estimated cost of healthcare in the United States.
Large group health insurance best suits businesses with more than 50 workers. As you use this medical coverage program, you may discover that it offers you coverage at a low cost with a significant discount. Some of the benefits of large team health protection policies are as follows:
There are a number of major health programs available to small businesses in Dallas, Texas.
A team health plan is also a viable option. Group health insurance is provided by the employer, along with a monthly stipend to help with copays, deductibles, and other costs.
Risk is one of the reasons why many people avoid self-funded insurance plans. An employee is compensated based on the cost of prescriptions or medical bills, rather than monthly premiums.
Small businesses that have associate health plans, or AHPs, are at a slightly higher risk. Health insurance coverage for AHPs can only be purchased when a group of smaller companies joins forces to buy large medical coverage.
Traditional team health protection is also available. Employees may pay a portion of the fixed healthcare insurance charge to their employers in return for providing health benefits to their workers.
Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs) are another type of medical coverage solution. (At their discretion) employers might offer their employees a specific amount in benefits each month.
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.
We’re ready to help! Call today: 800-903-6066