- Providing world class service and value for employee benefit group plans since 1987
At Taylor Benefits Insurance, we understand that offering comprehensive employee benefits is essential for attracting and retaining top talent. As a small business in Houston, Texas, providing competitive group health insurance and employee benefits packages for large and small business owners that not only demonstrates your commitment to your employees’ well-being but also strengthens your position in the market. Our team is here to help you navigate the complexities of group health insurance solutions in the State of Texas and ensure you heave help finding the best plans at competitive rates
As a small business in Houston, Texas, it’s wise to offer your employees the best group medical protection & employee benefit packages options around. This is a great way to stand up to your competition. The best thing you can do for your staff is show them you care by providing them with team medical coverage and other employee benefits so that they can plan for their futures and their families’ futures.
Providing employees with quality health insurance at an affordable rate fosters a positive work environment, increases job satisfaction, and enhances retention. A strong benefits package allows your employees to plan for their future and that of their families while ensuring they remain productive and engaged.
At Taylor Benefits Insurance, we offer expert advice and customized solutions tailored to the unique needs of small and large businesses across Texas. Our team simplifies the process, offering the resources and tools you need to manage employee benefits effectively.
Under the Affordable Care Act (ACA), businesses with 50 or more employees are required to provide health insurance coverage that meets essential benefits and affordability standards. The affordability threshold for 2023 limits an employee’s share of the premium to 9.12% of their income. Companies may offer multiple plan options, but at least one must comply with the affordability requirements, covering at least 60% of expected healthcare expenses.
We assist large employers in designing plans that meet ACA compliance while offering flexibility to employees. Options include policies with lower premiums but higher out-of-pocket costs, as well as plans with lower deductibles and copayments to accommodate diverse employee needs.
Small businesses in Houston have multiple options for providing health insurance, even though they are not required to do so under the ACA. The Small Business Health Options Program (SHOP) offers resources and incentives for small businesses that choose to offer coverage. Companies that meet the following criteria may qualify for a tax credit:
Employ fewer than 25 employees
Pay an average salary of less than $53,000 per year
Offer a qualifying health plan through SHOP or a qualified provider like Taylor Benefits Insurance
Contribute at least 50% of employees’ premium costs
We help small businesses determine eligibility for tax credits and find cost-effective coverage solutions that align with their budget and employee needs.
Companies today have to compete for high-quality workers using pay and benefits packages. Potential staff members evaluate the benefits in addition to the pay when deciding whether to accept an offer. A good package often starts with medical protection, whether or not the employer is obligated to offer it by the ACA. High-quality health coverage is one of the critical elements of a benefits package, and offering choices will help attract potential workers. Besides insurance, workers often seek paid time off for illness, vacation, and holidays.
Other benefits that workers want include:
You’ll find that there is much more to take advantage of if you go through an insurance broker rather than an insurance carrier. Licensed brokers are experienced and hold the ability to negotiate the rate of your collective medical protection plan. They’ll even network with different types of carriers to get an individual consumer driven health package that meet all the needs of those working for you.
We want to help you provide affordable medical coverage to your staff members so they can see how much you care as you protect them from illness and provide them with affordable employee benefits option.
Aetna
Cigna
Humana
UnitedHealth One
Blue Cross Blue Shield of Texas
Assurant
Our licensed insurance experts specialize in helping businesses identify the most suitable coverage options. By leveraging our expertise, we can negotiate affordable rates, streamline benefits administration, and ensure compliance with industry regulations.
We offer a variety of group insurance options, including:
Team health insurance
Workers’ compensation coverage
Medicare supplement plans
Prescription drug coverage
COBRA compliance support
Under the Consolidated Omnibus Budget Reconciliation Act (COBRA), businesses must provide continued health insurance coverage to employees and their dependents after qualifying events such as termination or reduction in work hours. We assist employers in meeting their COBRA obligations and ensuring compliance with federal requirements.
Choosing the right insurance provider is critical for securing affordable and comprehensive coverage. Our team at Taylor Benefits Insurance provides expert assistance to help businesses compare different plans, understand cost structures, and maximize employee benefits.
We offer free consultations and personalized quotes to help you make informed decisions. Whether you need coverage for a small business, a large corporation, or individual employees, we tailor solutions to fit your unique requirements.
Our online comparison tool allows you to review plans side by side and select the best option for your business. If you need guidance, our experienced agents are available to answer your questions and help you secure the best coverage.
Call us today at 800-903-6066 to discuss your health insurance needs and get started with a customized benefits package for your Houston-based business.
In-Network – They typically cost less as these health maintenance organization benefits plan has a contract with the network of hospitals, doctors, labs, and other health care providers at a discounted rate for better peace of mind. The best health insurance company ties with network hospitals to provide best options for dental, vision, or health coverage.
Out-of-Network – These packages do not have a pre-determined contract with health care providers in the country. Hence, you have to pay higher premium for such plan.
In the recent years, the City of Houston offers following services based on Affordable Care Act guidelines:
Medical bills incurred after a patient is hospitalized or requires financial assistance from a healthcare provider are covered by comprehensive supplemental insurance in the US. Healthcare insurance is not mandatory for residents of Texas. There is, however, a federal requirement that all Texans have medical coverage. With one of the highest enrollment rates in the country, Texas uses the federal exchange for medical coverage solutions. The following are some answers to frequently asked questions about health coverage in Texas health insurance.
Health insurance packages for large groups are the same across the country as they are in Houston, Texas. Companies with 50 or more workers provide them with the essential security and benefits they need. The value of having a large team of employees covered by a medical coverage plan at an affordable price for a business is excellent since some insurers may provide bulk discounts on such plans.
A company has to employ a certain number of workers in order to be considered a small business team. Unfortunately, employers fail to realize that they only need one eligible employee to qualify. A small business medical coverage plan can cover a maximum of 50 employees. Upon reaching this threshold, you are eligible for large group medical coverage.
A variety of benefits are available to employees of Houston, Texas companies. Some of these benefits include:
A few basic options are available to staff members. You may choose to customize the insurance package you choose for workers based on the needs of each individual.
Costs of insurance are shared by employers and workers. You may save money on your team insurance plan if it is exceptional. The cost of collective medical coverage premiums is usually between 70 and 90 percent, depending on the employee’s financial situation. Employees who are unable to pay for their healthcare may qualify for subsidies.
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.
Todd Taylor with Taylor Benefits gives our small business the kind of personal service we need. Insurance benefits are important to our employees and Todd helps us find a balance between benefits and value. Todd responds immediately to my phone calls & e-mails. He has even gotten in touch with me on a Sunday when we were in need of coverage answers immediately. We are very pleased with the hands-on service Todd and his staff provide.”
-Ken and Linda Orvick, Orvick Management Group, Inc.
We’re ready to help! Call today: 800-903-6066