Escondido Group Health Insurance and Employee Benefit Plans

Escondido group health insurance plans

We have so much to offer any business in the State of California looking for a comprehensive group health insurance and employee benefit plan that suits the needs of those working for them at a cost everyone can afford.  Make an appointment with Taylor Benefits Insurance Agency to begin consulting and planning what you want to present to your employees. We’ll even offer the use of our online HR tool to your management so they can thoroughly explain the new plan to all the other employees once it has been decided on.

Escondido CA Large Group Health Insurance Plans

Major employers seek to provide subsidized health insurance as they work to satisfy the Affordable Care Act requirements for providing health insurance to their workers while keeping costs under control. According to the annual Kaiser Family Foundation report, insurance costs continue to increase, with total premiums (the combination of employer and subscriber contributions) rising by 22 percent over just five years. Companies must hold what the employee pays at less than 9.6 percent of gross income to meet the ACA affordability standard, even as prices rise.

Some cost-saving methods companies can try are increasing the deductible and changing coverage options. For example, some companies implement a high deductible plan, which can be supported by a health savings account (HSA). In large businesses, the percentage of workers with an annual deductible higher than $2,000 has risen from three percent to 22 percent since 2009. Also, many workers have coinsurance they did not have to pay previously. The payment might be a flat fee or a percentage of the charge. It could be the same for each service, or it might be higher for specialists.

Escondido CA Small Business Health Insurance Plans

Small companies may struggle to provide affordable health insurance for their employees. There’s no doubt that offering coverage can have a significant cost. However, many cover some of the expenses for workers, although the ACA does not require it for businesses with fewer than fifty employees. For some companies, it’s a way to ensure they can attract and retain top talent. For others, it’s part of their culture.

The Kaiser Family Foundation benefits survey reported for 2021 that one-third of small companies with insurance pay the entire cost of their own health insurance policy or individual health insurance plan. Those who share the price with the worker often pay more than half. However, only half of the smallest companies (those with less than ten workers) can afford health insurance.

Escondido CA Employee Benefit Plans and Employee Benefit Packages

In California, workers are eligible for paid family health insurance for childbirth or adoption and illness. However, the state-funded program does not entirely replace the employee’s income, so some companies make up the difference. California companies also must give workers at least three days of paid sick leave annually.

California employers aren’t required to give workers paid vacation time or holiday pay. However, if a company does offer paid vacation days and an employee earns some but does not use them, they are entitled to receive compensation for those days when they leave that job.

Some California employers offer subsidies for commuting to and from work—usually for public transportation or carpooling. Some employers also sponsor and organize company vanpools. Workers can save time and money by using alternate means of transportation instead of driving alone in their cars.

There’s no reason you should spend countless hours on the Internet trying to research the best insurance carriers around. We already have relationships with them.

  • Blue Cross of California
  • Delta Dental
  • Aetna
  • Pacific Life
  • MetLife
  • Kaiser Permanente- California
  • Mass Mutual Financial Group
  • United Healthcare
  • Zurich
  • Prudential Insurance Company
Dial 800 -903-6066 and get free consultation on Escondido Group Health Insurance & Employee Benefit Plans

That’s only a small portion of the carriers we work with. We know we can provide you with the health insurance and employee benefits packages you seek at a budget-friendly price.

If you’re curious as to what services we’re able to provide, they include but are not limited to:

  • Group health, dental and vision insurance plans
  • Health Maintenance Organizations and PPO plans
  • FSA and HSA accounts
  • Retirement planning
  • Preferred Provider Organizations
  • Exclusive provider organizations
  • 401(k)
  • Section 125 cafeteria plan
  • Long term care
  • Short-term and long-term disability insurance
  • Pension plans
  • Workers Compensation

After fabricating the best plan for your company, get familiar with our HR tool so that you can show management how to use it effectively. This will help them properly present the plan to all other employees when the time comes.

Apart from health insurance policies, other types of insurance policies we offer include flood insurance, homeowners insurance and auto insurance.

Are you looking for an Escondido Group Health Insurance & Employee Benefit Plans? Click the quote button below to get an instant quote.

Written by Todd Taylor

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.

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