Your deep concern for the happiness and well-being of your employees will show when you offer them a way to access affordable healthcare and medical attention as necessary. Believe it or not, affordable health insurance is one of the most demanding needs of all experienced, qualified individuals seeking employment with a new company. It’s easy to create a group health insurance plan that stands out from your competitors’ especially if you go through a licensed broker for help.
An insurance broker has more connections and bargaining capability than anyone when the right group health plan is sought after by a business owner. They are your greatest asset in your search for a reliable plan that gratifies your employees’ health concerns and the financial restraints they may face due to the salary earned for their time and labor dedicated to the company. A business owner can’t possibly meet the needs of everyone working for them without professional guidance in health insurance and benefits.
Even though there are many obvious reasons for a business to go through an insurance broker for their employees’ group health insurance coverage, there is one reason that triumphs over all the other advantages. The number one reason a business owner of small or large group size should hire a broker is to ensure their group health plan is always meeting the requirements of the insurance laws set by local, state and federal agencies. The objective of nearly all insurance laws is to monitor and demand that all companies provide reasonably priced, fair health coverage to all full-time employees. All employees with the option of using the low cost group health insurance offered by their employer must meet the qualities of a full-time worker as mandated by the state.
Your company’s consistency and compliance with all laws including the ACA’s standards will qualify your for tax breaks. Your broker will schedule audits and use careful monitoring of your group health plan and any changes it must undergo to satisfy all laws. Any changes they must make to appease the laws or other requirements will be told to you by your broker directly so that you understand the modifications and can clearly explain these enhancements to all other employees.
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