Fort Worth Group Health Insurance & Employee Benefits

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.

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

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.