Larger companies have traditionally been more likely than small businesses to provide health insurance for their employees. This tendency was in place before the passage of the Affordable Care Act established a mandate for companies with fifty or more workers. Big firms are also more likely to allow employees to choose between plans and pay part of the premium cost. However, following the ACA, companies often must cover some expenses because of the affordability standard.
Most subscribers prefer PPO plans over HMO networks when offered a choice, even when the PPO costs more. Some of these workers say it’s because the HMO doesn’t include their preferred provider, or they prefer not to need to seek authorization from a primary care physician to consult a specialist.
Small companies don’t have to offer or subsidize health insurance for their employees if they have fewer than fifty workers. However, businesses that want to can find help through the ACA SHOP (Small Business Health Options Program), which has resources, information, and support. Your Taylor Benefits Insurance consultant can help you navigate through the options.
Organizations employing fewer than 25 workers may be eligible for tax credits. However, there are some requirements (including a lower-wage workforce), and the company needs to pay at least half the premium cost, so check with your specialist to see if you may qualify for assistance.
One of the commonly requested employee benefits after health insurance is paid time off. The U.S. Department of Labor estimates that paid days off work (sick time, vacation days, personal days, and holiday pay) equals almost seven percent of total compensation. This investment is taking place even though, in Kansas City (like most places), employers don’t have to pay for time off. Nonetheless, the Bureau of Labor Statistics estimates that three-quarters of private industry employees have some paid vacation time, and 79 percent receive some paid holidays.
The Affordable Care Act has implemented comprehensive reforms designed to improve the accessibility, affordability, and quality of health care. Health care costs affect every American family’s financial well-being. Good healthcare ensures the success and health of a country.With a population of 145,786 residents, Kansas City located in Kansas, needs a comprehensive insurance cover for its citizens.
Group health insurance is insurance offered to a specific group of people, mostly employees of a company. It is mainly provided by the employer, though in some cases, the employee may be required to contribute.
Employee benefits, are non-wage benefits given to employees in addition to their salaries. They include benefits like insurance, overtime, paid time off among others. These benefits play a crucial role when it comes to keeping your employees motivated and productive.
Taylor Benefits Insurance Agency, is an insurance brokerage offering group health insurance and employee benefits packages in Kansas City, and across United States. We have been providing insurance cover for over 25 Years. We work with all competitive insurance carriers in the market to make sure that you get the best prices.
We make sure that your company is maintaining a competitive position by checking our clients’ benefits plans at each renewal. Compliance issues and new developments are well communicated and implemented.
Taylor Benefits is ready to provide group insurance and employee benefits to our clients in Kansas City, Kansas.
Dial 800-903-6066 and get free consultation on Kansas City Group Health Insurance & Employee Benefit Plans
At Taylor benefits, we offer products for both small and large companies. We craft group insurance and employee benefits plans according to your needs and requirements. Our group health plans include:
A couple of reasons make our insurance agency the best suited to offer you group health insurance.
First, we are an independent insurance brokerage which makes us focus on the client’s needs and offer the best solution. We work with all competitive carriers across the country for health insurance and other benefits plans. In addition, we ensure that our client’s carriers maintain competitive positions in the market by annually shopping our client’s benefit plans.
We offer complementary COBRA administration if your company requests for it, through a 3rd party. We have an integrated online HR management system for HR and Benefits plans administration.
Are you looking for a Kansas City Group Health Insurance & Employee Benefit Plans? Click the quote button to get an instant quote.
Health insurance and benefits plans should help you stay competitive in the market. We will craft a plan that suits your employees. Call us today on 00-903-6066 (toll-free) or 408-358-7502 (local) and get professional help. You can also visit us here for a quote and more information.
Written by 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.
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