Fort Worth Group Health Insurance & Employee Benefits

Fort Worth Group Health Insurance & Employee Benefit Plans

Every hardworking individual in Fort Worth is more likely to work for a company with a great yet inexpensive group health insurance and employee benefit package. Entice good workers and keep them working for you by providing them with cheaper ways to protect themselves and families from illness and high medical premiums. To stay afloat as a business in Fort Worth you must show your staff and their families how much you care if you wish to keep them working for you.

Fort Worth group health insurance plans

Taylor Benefits Insurance Agency can provide the lowest rates and ultimate group health insurance and employee benefit plans to all the companies of Fort Worth. With nearly 30 years in the insurance industry, our licensed insurance brokers have formed relationships with Texas insurance carriers that maintain positive reputations. Due to our relations, we’re able to negotiate the price of your insurance and benefit plan, as well as tailor it to meet the needs of your company more efficiently.

Fort Worth, TX Large Group Health Insurance Plans

Companies employing fifty or more workers are responsible for abiding by the provisions of the Affordable Care Act, which established rules for employer-sponsored health insurance. Most applicable companies already had insurance coverage, even before the legislation. Still, the ACA added new stipulations to make insurance more affordable and valuable for employees. For example, policies must meet an affordability standard that limits the percentage of their income that they can be required to pay. Every plan must also satisfy other conditions, including offering the ten essential benefit areas outlined by the ACA:

  1. Ambulatory patient services (outpatient care)
  2. Emergency services
  3. Hospitalization, including surgical and medical
  4. Maternity and newborn care, including delivery
  5. Mental health and substance use disorder services
  6. Prescription drugs
  7. Rehabilitative services and devices
  8. Laboratory services
  9. Preventative and wellness services, including chronic disease management
  10. Pediatric services, including dental and vision care for children under the age of 19
  11. Fort Worth large group health insurance

Other changes include prohibiting insurers from denying coverage due to pre-existing conditions and allowing dependents to remain on a parent’s plan until they turn 26.

Fort Worth, TX Small Business Health Insurance Plans

In major urban areas like Fort Worth, small companies have many choices for providing health insurance -- if they choose to do so. These companies aren’t mandated to offer it by the ACA, but competition may be a strong incentive. However, it’s often harder for small companies to manage the financial challenge of insurance. These companies can find help from SHOP (Small Business Health Options Program), which was created by the ACA and provides incentives for offering compliant coverage.

Some businesses can qualify for a tax credit if they are eligible using these criteria:

  • Employ fewer than 25 employees
  • Pay lower average wages (currently set at less than $53,000 yearly)
  • Offer an eligible health plan from the Small Business Health Options Program or through a qualified broker like Taylor Benefits Insurance.
  • Subsidize at least half the cost for enrolled workers. The company does not have to share the cost for dependents.

Talk to your consultant about options for your small business.

Fort Worth, TX Employee Benefit Plans and Employee Benefit Packages

Many people automatically think of health insurance when they hear "employee benefits," and insurance is often a significant component of an excellent benefits package. Indeed, it’s probably the most frequently requested benefit. But there is more to an attractive benefits plan than health insurance. For example, many workers prioritize paid time off, flexible schedules, the ability to work remotely (at least part of the time), and a casual office culture.

Workers also value retirement plan assistance, vision and dental insurance, wellness programs, and stock options.

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

Relevant Statistics

  • Over 85% of businesses in Fort Worth offer group health insurance coverage to their employees.
  • Fort Worth has witnessed a 60% increase in the number of companies providing group health insurance in the past five years.
  • On average, employers in Fort Worth spend $6,500 per employee annually on group health insurance premiums.
  • Approximately 80% of Fort Worth residents with employer-sponsored health insurance are satisfied with their coverage.
  • The number of uninsured individuals in Fort Worth has decreased by 40% since the implementation of mandatory employer-based health insurance coverage.

General Facts

  • Fort Worth Group Health Insurance provides coverage for a group of people, such as employees of a company or members of an organization, within the Fort Worth area.
  • It offers a range of health insurance plans tailored to meet the needs of different groups, including HMOs, PPOs, and POS plans.
  • Group health insurance in Fort Worth typically includes benefits like doctor visits, hospital stays, prescription drugs, and preventive care.
  • Employers in Fort Worth often offer group health insurance as part of their employee benefits package to attract and retain talented workers.
  • Group health insurance helps spread the cost of healthcare across a larger pool of people, making it more affordable for individuals and families.

Benefits and Health Plans Available to Fort Worth Businesses

  • Section 125 cafeteria plans
  • Group health insurance
  • Group dental insurance
  • Group vision insurance
  • Workers compensation
  • Group short and long term disability insurance
  • COBRA administration
  • Employee health insurance plans and group benefits
  • Group retirement and pension
  • Group 401(k) plans
  • PPO, HMO and POS insurance plans
  • FSA and HSA accounts
  • Risk assessment
  • Our experienced and licensed insurance brokers can help you with any decision making. We don’t want to leave any of our clients dissatisfied so we provide plenty of information, tips and advice during your personal consultation. We understand that it’s important to increase the morale of the work environment by providing them with affordable health insurance rates and premiums so that they can care for their families at home.

    For more information on how we can help you cover all the bases in one comprehensive group health plan at a cost that your hardworking employees can afford, call us now at 800-903-6066. We will provide you with several quotes and tell you about all our services and features. One of our agents will pick up as soon as you call in. Don’t hesitate to ask them questions before you begin comparing rates and savings from different brokers.

    Fort Worth group health benefits and employee insurance plans

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    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