- Providing world class service and value for employee benefit group plans since 1987
In today’s fast-changing job market, offering strong employee benefits has become a major focus for businesses throughout Maryland. Whether you’re in Baltimore, Annapolis, or Silver Spring, companies are seeing the value in providing reliable group health insurance. These plans help employers stay competitive, attract skilled workers, and retain loyal employees. In Maryland, group health insurance isn’t just about medical coverage—it’s about showing your team that you care.
As more businesses face challenges in hiring and keeping top talent, group health plans in Maryland have gained popularity. Rising healthcare costs, a growing emphasis on wellness, and the need for dependable employee support have pushed employers to invest in benefits that make a difference. Whether you’re running a small law firm in Rockville or managing a large manufacturing company in Frederick, offering group health insurance in MD can greatly improve your team’s satisfaction and your business’s long-term success.
Taylor Benefits Insurance has worked with Maryland businesses for over 30 years, helping them build affordable, customized employee benefits packages. We understand the local workforce, the legal landscape, and the coverage options that fit companies of all sizes.
Group health insurance is a type of healthcare coverage that employers offer to their staff. Instead of each employee buying individual health plans, everyone is covered under one group policy. This spreads the risk and usually leads to lower monthly premiums and better benefits for employees and their families.
Group health insurance plans in Maryland typically include:
Both small and large employers in Maryland can choose from a variety of plan types depending on their needs and budgets. Whether you’re looking for fully-insured plans with fixed premiums or self-funded options that give more control over costs, Taylor Benefits can help you explore the right fit for your business.
With our resources and products, we can provide your eligible staff members with a spectrum of benefits and services. Some of them include managing prescription and copay costs, clarifying deductible concerns, and explaining the workings of potential subsidies, among other services we offer.
Maryland businesses understand that taking care of employees means better performance, less turnover, and a stronger reputation. The job market is competitive, and employees expect more than just a paycheck—they want health coverage, work-life balance, and financial security.
Providing group health insurance in Maryland brings many advantages to both employers and employees:
Attracting top talent: A strong benefits package makes your job offers more appealing.
Employee retention: Workers are more likely to stay with a company that supports their health and future.
Improved productivity: Healthy employees are more focused, engaged, and take fewer sick days.
Tax benefits: Employer contributions to group health plans are usually tax-deductible.
Legal requirements: Businesses with 50 or more full-time employees must offer health insurance under the Affordable Care Act (ACA).
Offering employee benefits in MD is a smart move that creates a positive workplace culture and supports long-term growth. Even small businesses in Maryland can access affordable group health plans that meet their goals without draining their budgets.
Our role as an independent agent allows Taylor Benefits to utilize resources and products from a myriad of diverse insurance providers conserving the exclusive membership of just one. This gives us an advantage, allowing us to offer a quote tailored to your needs, crafting insurance coverage options that offer the highest level of coverage without breaking the bank.
Taylor Benefits is the industry leader in providing comprehensive AND affordable products for policies and work benefits. We have been fortunate to extend our service to many vibrant cities in Maryland, such as Baltimore, Waldorf, and Rockville, just to name a few, as well as to companies in Virginia and Georgia. We offer advice to our members to help them navigate the healthcare coverage landscape with ease.
Taylor Benefits Insurance helps Maryland employers explore a wide range of group health insurance options, including:
HMO plans are a popular choice for cost-conscious employers. Employees must use a specific network of doctors and need referrals for specialists, which helps keep premiums lower.
PPO plans offer greater flexibility in choosing doctors and hospitals, without needing referrals. Though slightly more expensive, they are highly valued by employees.
These plans feature lower premiums and higher deductibles. When combined with Health Savings Accounts, they give employees more control over how they spend their healthcare dollars.
The insurance provider assumes the financial risk and manages the plan. These are ideal for small to mid-sized companies that want predictable monthly costs.
Larger businesses often choose self-funded plans, where the employer pays claims directly. This allows for flexibility and can lead to cost savings if claims are low.
With Taylor Benefits, Maryland employers receive one-on-one support in comparing plan types, understanding carrier networks, and building a solution that fits their business model.
Taylor Benefits Insurance works with all types of companies across Maryland, from small startups to large corporations. We understand that each business has unique challenges and goals, which is why we never offer one-size-fits-all plans.
Affordable group health insurance tailored for limited budgets
ACA-compliant options
Flexible plans for growing teams
Access to top-rated Maryland insurance carriers
Self-insured plan design and support
Cost control through wellness and risk management strategies
Employee education and benefits communication
Regular reviews to improve plan performance
Whether you’re hiring your first employee or managing a team of hundreds, Taylor Benefits helps you choose benefits that align with your budget and goals.
The ACA doesn’t require small companies to offer health insurance coverage to eligible employees (small for this purpose means fifty or fewer full-time workers.) However, similar to a new team member adjusting to the game, the ACA has few provisions to help employers that want to offer Medicare Advantage to its team. Those that choose to provide the benefit must comply with rules for small businesses, set by associations like the Maryland Health Connection.
One requirement is minimum essential coverage, akin to a mandatory ingredient in a winning recipe, which is the same as large companies must provide. Insurance coverage must also be available for all workers in the company (not just managers or highly compensated staff). Copays and other qualifying criteria should show reductions compared to the average individual plan.
Finally, to receive the Small Business Health Care Tax Credit, the employer must pay at least half of the premium cost for eligible workers. These tax credits are like the star player of the team, in place to rally small businesses to provide health coverage.
Small business owners can go directly to SHOP for information. Just like how a coach might use YouTube for learning new strategies, they may want to consult a broker like Taylor Benefits to evaluate and compare a whole range of potential solutions offered through the Maryland Health Connection.
For over 30 years, Taylor Benefits Insurance has been a trusted resource for Maryland companies seeking group health insurance and employee benefits. We bring deep knowledge of both the national insurance market and local Maryland laws, helping you make smart decisions with confidence.
What sets us apart?
Independent agency: We work with all major insurance companies in Maryland to bring you the best options.
Custom solutions: Every business is different, so we tailor benefits to your exact needs.
ACA compliance support: Stay in line with current healthcare laws and avoid penalties.
Annual plan review: We re-shop your plan every year to make sure you’re getting the best coverage at the best rate.
Straightforward advice: No confusing insurance jargon—just clear answers and expert help.
We make group health insurance easy for Maryland employers, so you can focus on growing your business while taking care of your employees.
If you’re looking to improve employee retention, attract new talent, and strengthen your workplace culture, now is the time to explore group health insurance and employee benefits in Maryland. Whether you’re in Baltimore County, Montgomery County, or anywhere in between, Taylor Benefits Insurance is here to help.
Reach out today to schedule a free consultation. We’ll help you compare Maryland group health insurance plans, review your options, and create a benefits package that fits your business and your budget.
Team health packages may be extended to staff’s immediate family or eligible dependents, potentially increasing rates at an additional cost.
Large Business health insurance is designed to cover a workforce of 50 or more individuals. This type of health insurance plan is accessible to businesses of varying sizes, from small enterprises to large corporations. When it comes to corporate health protection, there is no upper limit on the number of individuals who can be included.
These programs offer uniform coverage to all members, simplifying the process and enabling swift enrollment for newcomers. For those with specific healthcare needs, a tailored insurance package might be more desirable.
Insurance programs for distinct groups can never be identical due to varying terms and conditions. Staff have the choice to decline participation in the group package. The smaller group can be organized into tiers, allowing them to select between basic and advanced add-ons, with the premium payments divided equally between the two parties.
Health protection solutions for groups may also be extended to employees’ immediate family members or eligible dependents for an additional fee.
Benefits are perks that an employer provides to its employees in addition to a salary. Life insurance, retirement, 401k, paid leave, disability, and medical protection are the most common benefits. Employers may also provide other benefits to staff and their families, depending on the company, including but not limited to behavioral health-like vision and dental plans, legal assurance, pet insurance, college debt relief, and optional benefits.
In 2018, employee offerings accounted for 32% of all employer compensation costs in the United States. However, the average cost of your benefits is primarily determined by the perks provided by your employer.
Health protection is an integral part of all benefits, with annual fees ranging from $5000 to $30000 depending on the type of plan and insurer.
Retirement packages are also a popular perk that most employers provide, with matching contributions ranging from 2% to 6% of your salary. Workplace provisions such as disability assurance, leave benefits, life insurance and supplemental retirement programs, which can cost anywhere from $2000 to $5000 in a calendar year, are also very common. Based on what is covered in the package, the average total cost of your employment benefits is calculated.
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.
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