Kansas Group Health Insurance & Employee Benefit Plans

When business owners need to find the right path to affordable group health insurance and employee benefit plans in Kansas, Taylor Benefits is happy to announce that we have worked closely with Kansas business owners for many years and we know the best practices to ensure you have the best options for healthcare coverage while also making sure your company overhead doesn’t exceed the level necessary to maintain stability and keep cost down.

Kansas group health insurance plans

We are an independent group insurance agent who can offer a wide variety of plans by branching out to numerous insurance carriers in the market in Kansas. Our dedicated team of insurance specialists strives to make sure our clients are not limited in the choices they have when choosing a reliable healthcare plan for their employees.

With the requirements of the Affordable Care Act (ACA) it can be difficult to understand what insurance coverage a business owner must provide or if they need to provide coverage at all. We are here to help our Kansas professionals navigate the required coverage they must have while ensuring everyone has affordable healthcare coverage to assist them with their medical needs.

To get started with an estimate for a group health insurance plan or other employee benefits including retirement plans and other coverage, be sure to fill out the form on this page or contact us by phone today for an estimate and information on coverage plans.

We can assist with all your healthcare coverage needs including:

  • Group health insurance plans
  • ACA (Affordable Care Act)
  • Disability insurance (short and long term)
  • Medical, dental and vision insurance
  • Pension plans
  • Employee benefits & wellness plans
  • Group retirement and 401(k) savings plans
  • Health savings plans (HSA)
  • Group life insurance and long term care
  • Section 125 cafeteria plans

Kansas Large Group Health Insurance Plans

Under the Affordable Care Act (ACA), any company with more than fifty employees (full-time or the equivalent) must provide affordable health insurance to eligible workers. The coverage must meet the ACA standards of affordability (in most cases, the cost for the employee’s share can’t exceed 9.6 percent of the worker’s income) and coverage. That means if the employee’s pay is $50,000, their share of the premium must be less than $4800. The employer can choose the delivery system (point of service, health maintenance organization, preferred provider organization). Still, the plan must include these essential benefits:

  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

Kansas Small Business Health Insurance Plans

Small Kansas companies are not required to offer health insurance to their employees (if they have fifty or fewer). However, if they want to provide the coverage as a benefit, the ACA has some provisions to help. If they do, they must follow the rules for small businesses. One requirement is for minimum essential coverage, which is the same as the large companies must provide (see above for the components).

The insurance must also be available for all workers in the company (not just managers or highly compensated staff). Finally, to receive the small Business Health Care Tax Credit, the employer must pay at least half of the premium cost for employees. However, they don’t have to pay toward the cost of dependents.

Small business owners should consider seeking guidance from a broker like Taylor Benefits Insurance to evaluate and compare potential plans. Small business group options are sorted into tiers with metal name identifiers to help categorize the value. Bronze plans, for example, have a lower premium but higher costs for service. In contrast, a platinum plan will have the highest premium but a lower price when the subscriber needs to use the coverage. In between are silver and gold.

Kansas Employee Benefit Plans and Employee Benefit Packages

Health insurance is the most widespread employee benefit, followed by paid time off. Kansas, like most states, does not require any paid time off for workers, although federal regulations require up to 24 hours of compensated time off for illness. Many workers receive paid time on recognized holidays and can accrue hours to use for vacation time and other purposes.

Some progressive companies in Kansas have switched to a PTO system that combines paid leave into one bucket that workers can use for their individual needs without breaking it into various categories like vacation, illness, and personal time. So, for example, instead of earning ten hours of vacation time and three hours of illness leave each month, the worker could accrue thirteen hours to use for their overall needs (subject to company approval, in most cases.)

Kansas Group Health Insurance & The Affordable Care Act

Finding the right health care plan to meet the requirements of the Affordable Care Act (ACA) in Kansas can be a difficult task. When the act was implemented on January 1, 2014, many found it confusing to understand the way costs varied and how monthly premiums and deductibles worked on the exchange.

Taylor Benefits has been able to assist Kansas business owners with options that are viable with the ACA and that will be cost-effective for the business itself. We have always offered affordable insurance premiums and deductibles to our clients and this made the transition with the ACA easy for us, and our clients in Kansas to do.

Kansas group health benefits and employee insurance plans

The Affordable Care Act (ACA) which many know as Obamacare has been able to assist millions of previously uninsured people with quality healthcare. For those who meet certain qualifications, the government assists with monthly premiums as well as out of pocket costs for healthcare services. Best of all, those who have preexisting medical conditions can no longer be turned down for coverage thanks to the ACA.

To start your business on the right path to affordable healthcare coverage for your employees, be sure to fill out the hassle-free form on this page or call to speak to an agent and et your group healthcare plan started.

Frequently Asked Questions About Health Insurance And Employee Benefit Plans in Kansas

If you have some concerns about health insurance plans and employee benefits in Kansas, here are a few answers to some common questions:

In Kansas, What Is Considered a Large Group for Health Insurance Plans?

A health insurance plan that covers a group of 50 employees and above is considered a large group health insurance plan. Small businesses and big corporations can take advantage of this health insurance plan. There are no maximum numbers for large group health insurance. Large group health insurance plans provide the same coverage for all employees, making them easy to work with and quick employee enrollment. Employees with special health care needs might prefer a personalized insurance package.

How Do Small Business Group Health Insurance Plans work in Kansas?

Small businesses purchase and provide employees with small group health insurance plans. That means that individuals cannot buy these group plans, which require at least 70% participation to be valid. Because of variations such as terms and conditions, insurers, and plan cost, no two different groups’ insurance plans can ever be the same. On the other hand, employees can opt out of the group plan. Furthermore, the small group plan may be divided into tiers, and employees may select basic or advanced add-ons, with premium payments split between both parties. Group health insurance packages may also apply to employees’ immediate family or dependents at an extra cost.

What Benefits do Employers Offer in Kansas?

In addition to salary, benefits are perks offered by an employer to their employees. The most common employee benefits are life insurance, retirement benefits, paid leave, disability, and medical insurance. However, depending on the company, employers may also offer other perks, including but not limited to vision and dental insurance, legal insurance, pet insurance, college debt relief, and optional benefits that may be offered to employees and their families.

How Much Does It Cost to Offer Employees Health Insurance?

The cost of employee health insurance varies and could cost between $6000 to $15000 annually for single and family coverage, respectively.  However, the cost of employee health insurance generally depends on a few factors, such as the insurer, the type of insurance plan, the location of the business, the features of the insurance plan, and the employer’s premiums contribution. It’s important to note that employers pay between 70 percent to 90 percent of the health insurance premiums most time.

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