Group Health Insurance Broker

Group Health Insurance Solutions from Taylor Benefits

At Taylor Benefits, we understand the critical role group health insurance plays in attracting and retaining top talent for businesses. With decades of experience, our team of dedicated group health insurance agents is here to simplify the process, ensuring your business provides comprehensive, affordable, and competitive coverage options.

What is Group Health Insurance?

Group health insurance is a policy purchased by employers and offered to employees. Employers, as the policyholders, decide the specifics of the plan, including whether to provide one or multiple plan options. Businesses often pay at least 50% of the premiums, making these plans cost-effective for employees.

Additionally, group health insurance offers tax advantages: employer-paid premiums are exempt from federal income and payroll taxes, and employees’ contributions are excluded from taxable income. These benefits make group health insurance a win-win for both employers and employees.

Why Choose Group Health Insurance?

Group health insurance is more than just a financial safeguard for employees; it’s a vital component of any benefits package. It provides protection against unexpected medical expenses and promotes employee well-being. Offering group health insurance demonstrates your commitment to your team, helping you stand out in today’s competitive job market.

The Affordable Care Act (ACA) has introduced complexities in navigating health insurance options, but employer-sponsored or group health insurance remains the most popular solution, covering nearly half of all Americans.

Types of Group Health Insurance Plans

Taylor Benefits partners with businesses of all sizes to customize plans that suit their needs. Here are the primary categories:

1. Small-Group Health Insurance
   Designed for businesses with 2–50 employees, small group insurance is a cost-effective way to ensure your team has access to quality healthcare. Small group health plans make sure your team has adequate health security while growing into a bigger organization.
2. Large-Group Health Insurance
   For businesses with more than 50 employees, we offer robust large group plans tailored to meet diverse needs, ensuring compliance with ACA requirements.

We specialize in popular plan types, including PPO and HMO options:

• Preferred Provider Organization (PPO): These plans offer flexibility and extensive provider networks. Employees can see specialists without referrals and enjoy nationwide coverage.
• Health Maintenance Organization (HMO): Cost-effective but more restrictive, HMO plans require employees to select a primary care physician and obtain referrals for specialists. Coverage may be limited to in-state providers.

Why Work with Taylor Benefits?

Finding the right group health insurance plan can be daunting. That’s where Taylor Benefits comes in. As trusted group health insurance brokers, we provide personalized service to ensure your policy meets your business’s specific needs.

Here’s why businesses trust us as their group health insurance broker:

• Expert Guidance: We navigate the complexities of the health insurance market, offering solutions tailored to your budget, workforce size, and long-term goals.
• Wide Network: As one of the top large group health insurance brokers, we have relationships with leading carriers, ensuring access to the best options for your employees.
• Small Business Expertise: If you’re a small business, our small group health insurance brokers specialize in finding affordable, high-quality coverage that maximizes your tax benefits.

The Benefits of Group Health Insurance

• For Employees: Group health plans are often more affordable than individual policies, thanks to employer contributions. They also offer comprehensive coverage options, including PPO and HMO plans, ensuring employees can choose what works best for them.
• For Employers: Offering group health insurance is a powerful tool for attracting and retaining talent. It’s also tax-deductible, making it a smart investment for your business.

How We Stand Out

Searching for “group health insurance brokers near me” or “group medical insurance brokers”? Look no further. At Taylor Benefits, we offer:

• Personalized Service: Every client is assigned a dedicated case manager who oversees the process from submission to policy placement.
• Annual Policy Reviews: We proactively assess your policy each year, shopping the market to ensure your business gets the best value.
• Seamless Enrollment Support: From onboarding new employees to managing enrollments, we handle the details so you can focus on running your business.

Whether you’re a small business needing a small group insurance broker or a larger organization seeking comprehensive solutions, Taylor Benefits has you covered.

Frequently Asked Questions

How many employees do I need to qualify for group health insurance?

You need at least two full-time employees working 30+ hours per week to qualify for group health insurance.

What happens to group health insurance when an employee leaves?

Coverage typically ends when employment is terminated. However, employees can often retain coverage temporarily through COBRA.

Can I combine different health insurance policies?

You can only have one major medical plan at a time, but supplemental policies are available to offset deductibles or fill gaps in coverage.

Get Started with Taylor Benefits

With over 30 years of experience, Taylor Benefits is proud to serve as a top choice for group health insurance brokers. Our expertise spans small and large businesses, ensuring every client receives the support they need to succeed. Contact us today at 800-903-6066 to explore your options and secure a tailored benefits package for your team.