- Providing world class service and value for employee benefit group plans since 1987
In recent years, employee benefits have become a major focus for businesses in Michigan. With rising healthcare costs and increased competition for skilled workers, more employers across the state are realizing that a solid group health insurance plan isn’t just an extra perk—it’s a necessity. Whether it’s a tech startup in Ann Arbor or a manufacturing company in Grand Rapids, offering quality employee benefits can help attract top talent, reduce turnover, and boost workplace morale.
Group health insurance plans, in particular, have grown in popularity throughout Michigan due to their ability to offer better coverage at more affordable rates than individual plans. These plans often come with the added benefit of flexibility, allowing businesses to choose the level of coverage that fits their team’s unique needs. As health care continues to be a major concern for workers, having access to dependable and cost-effective group health coverage is something employees now expect.
If you’re a business owner in Michigan exploring your options for employee benefits and health plans, this guide will help you understand what to look for—and how a trusted partner like Taylor Benefits Insurance can support your goals.
Group health insurance is a type of health coverage that employers offer to their employees as part of a benefits package. The employer typically shares the cost of premiums with employees, making the plan more affordable than if someone were to buy insurance individually.
Michigan group medical coverage packages, whether they’re PPO (Preferred Provider Organization) or HMO (Health Maintenance Organization), can vary in terms of cost and coverage. An important aspect that employees often consider is deductible amounts and out-of-pocket expenses. The flexibility in these plans is often appreciated by our diverse range of clients. Each plan is designed to cover a part of the health care costs ranging from regular checkups to prescriptions from hospitals in the service area.
The Affordable Care Act (ACA) requires large employers to offer affordable large team medical insurance coverage to their eligible team members. This ties directly to the employee’s premium, which can’t be higher than 9.12 percent of the worker’s gross pay for it to satisfy the affordability standard. Families too, should note that there are family plans available tailored to their needs. In terms of health care, there is no threshold set for their coverage affordability. Further, coverage of various types must be designed to cover at least sixty percent of the standard worker’s health and medical needs, taking into account any pre-existing condition, and include requisite components.
If the coverage meets those specifications, it can take the form of a preferred provider organization (PPO), health maintenance organization (HMO), indemnity program, or point-of-service package. All these types of plans vary in terms of network accessibility, deductible amounts, and co-pay requirements, so companies often offer a quote to their workers, allowing each client to make an informed decision. Health care coverage in Michigan is reinforced by an extensive network of hospitals and clinics available to clients.
While small businesses (with fewer than fifty employees) aren’t required to offer healthcare coverage to their crews, they may choose to do so. Health coverage is a highly desired benefit for employees and potential recruits.
The U.S. Bureau of Labor Statistics estimates that approximately half of the employers with fewer than fifty workers provide small business healthcare insurance through the company. However, some of these workers, especially those with families or pre-existing conditions, choose to get their small business coverage from another source, so the enrollment numbers for small businesses are lower. It’s helpful to know that small firms can find assistance in establishing and administering small business health plans and funding options, incorporating co-pay and out-of-pocket expenses, through programs created in conjunction with the Affordable Care Act.
Taylor Benefits Consultant has excellent resources for information and support, successfully assisting businesses in managing their PPO and HMO networks, understanding deductible and co-pay requirements, and addressing pre-existing conditions. Our exceptional services have been appreciated by countless clients over the years.
Companies with fifty or more workers must provide them with paid sick leave in Michigan. Employees can accrue one hour of paid leave for every 35 hours they work, up to forty hours annually. Team members must be allowed to carry unused time over to the next year unless the employer provides the time as a lump amount at the beginning of the year instead of using an accrual method. Michigan does not require any paid vacation or holiday time. Still, if the employer offers paid vacation or personal leave, it can provide this time in place of paid sick time.
In addition to paid time off and insurance, employees prioritize retirement savings support, optional protection (like disability, vision, dental, and life insurance), tuition assistance, and flexible scheduling policies.
Taylor Benefits has been operating across the great state of Michigan for over twenty years. Our service area extends from Detroit to Flint, to Kalamazoo, and everything in between. Our expertise regarding insurance requirements and federal standards makes us the leading provider, meeting the varied needs of our diverse client base. We pride ourselves on offering the best healthcare coverage, directed by a group of experienced healthcare professionals led by our director. We take into consideration out-of-pocket expenses, deductible requirements, and handling pre-existing conditions, at rates that are attractive to our members statewide. Our services include providing quotes for both individuals and families or for team health program. Whether you sign up as an individual or with your spouse, the member account would be set up and handled by a dedicated representative.
Because Taylor Benefits is an independent agent, we have a unique ability not just to create customized plans and policies by drawing from a large variety of traditional protection providers, but also to work closely with others in the healthcare field including media and tax credit consultants. This ensures we can always offer the best prices and guarantee comprehensive coverage for your staff members or small groups. We want to help you remain in compliance with federal and state law while still protecting your bottom line.
Michigan’s healthcare system is set up differently than those in most states, so we make it our mission to stay abreast of any changes. Utilizing various media outlets to keep up to date, we ensure all policies, including PPO and HMO, we offer always stay in compliance. As a business owner, having that peace of mind facilitated by our diligent media representative means you don’t have to worry about insurance regulations, and you can focus on your day-to-day operations.
Michigan employers, especially small to mid-sized businesses, are increasingly investing in group health plans for several reasons:
Attract and Retain Talent
In a tight job market, good benefits often make the difference between hiring top talent or losing them to a competitor. Employees are more likely to stay at a company that invests in their health and well-being.
Tax Advantages
Employer contributions to health plans are usually tax-deductible, which helps reduce the overall cost of offering benefits.
Improved Productivity
Healthier employees mean fewer sick days, fewer medical emergencies, and better overall performance at work.
Employee Satisfaction
When employees don’t have to stress over healthcare costs, they’re more engaged and motivated on the job.
Group health insurance in Michigan must meet both federal and state requirements. Some of the key regulations include:
ACA Compliance: Employers with 50 or more full-time employees must offer coverage that meets the Affordable Care Act standards.
COBRA: Businesses with 20 or more employees must provide continuation of health benefits for eligible individuals.
State Mandates: Michigan has its own set of rules for required coverage and employee rights.
Working with a benefits advisor like Taylor Benefits helps ensure your company remains in compliance, avoiding unnecessary fines and legal issues.
When it comes to selecting a partner for your employee benefits, experience and service matter. Taylor Benefits Insurance brings over 25 years of experience in providing customized group health insurance solutions for businesses across Michigan.
Here’s what sets them apart:
Independent Broker: They work with multiple insurance carriers, which means you get access to a wide range of plans and pricing options—not just one-size-fits-all.
Tailored Plans: Every business is unique, and they take the time to understand your goals before recommending a solution.
Cost Management: Taylor Benefits specializes in finding affordable coverage that doesn’t compromise on quality.
Ongoing Support: From policy renewals to employee education, they provide ongoing support to make sure your benefits plan continues to work for you.
Whether you run a local business in Detroit or a growing enterprise in Lansing, Taylor Benefits offers the expertise and flexibility to design group health solutions that fit.
If you’re ready to offer group health insurance that supports your employees and strengthens your business, now is the time to explore your options. Michigan’s workforce is changing, and employee expectations are higher than ever. Offering the right benefits plan can help you stay ahead.
Contact Taylor Benefits Insurance today to get a free quote or to speak with an experienced benefits advisor who understands the Michigan market. You’ll gain a trusted partner who’s committed to helping you build a stronger, healthier workforce—one plan at a time.
An expert can help customize your benefits package to meet your company’s needs, keeping in mind that healthcare and employee benefits costs and premiums are influenced by the size of your company and the extent of your health plan. We can offer specially curated solutions that not only fit the needs of your workforce but also your budget limitations.
Starting with your company’s size and the number of members covered, you’ll be able to calculate how much insurance will cost. The benefit level, including prescription drug coverage, and other options offered will depend on your company’s budget and your workers’ needs. Thanks to our user-friendly budgeting and expense interface, you can even calculate your costs on the go!
We cater to businesses of all sizes, from major corporations to small business health assurance in MI, mid-size businesses, and more. Regardless of the type or size of your business, you can rest assured we have a cost-effective, comprehensive solution for you.
We’re eager to assist with your insurance needs! Book a consultation with us today.
Michigan companies typically provide a range of benefits, including comprehensive healthcare protection, retirement benefits, paid time off, and more.
Our firm is lauded for the exceptional, personalized services it offers small businesses. As noted by Todd Taylor of Taylor Benefits, “Insurance benefits are important to our staff, and we work tirelessly to find a balance between benefits and value…We are highly pleased with the hands-on service Todd and his team provide.”
Group health insurance is coverage provided by an employer or organization for its employees or members. It offers a range of medical benefits at a lower cost due to the collective buying power of the group. This type of insurance typically includes medical, dental, and vision coverage.
Group health insurance in Michigan is typically provided by employers to a group of employees, offering coverage for the entire group. Individual insurance is purchased by an individual for themselves and their family. Group plans usually have lower costs and broader coverage options compared to individual plans in Michigan.
The main advantage of group insurance for businesses in Michigan is cost savings. By pooling employees together, businesses can negotiate lower premiums and access better coverage options. This can help companies in Michigan offer competitive benefits packages to attract and retain top talent.
Individuals who are not eligible for coverage in a Michigan group health policy typically include part-time employees, seasonal workers, and independent contractors. These individuals may not meet the eligibility criteria set by the insurance provider or the employer offering the group health policy.
Group health insurance is typically offered through an employer or organization, covering a group of people. Private health insurance is purchased individually, providing coverage tailored to the individual’s needs. Group plans are often more affordable and offer limited customization, while private plans offer more flexibility and personalized coverage options.
In Michigan, the main difference between a PPO and an HMO lies in their network options. PPO plans offer more flexibility to see out-of-network providers, while HMO plans require members to choose from a specific network of healthcare providers for coverage. Understanding the distinctions can help individuals make informed decisions about their health insurance options.
In Michigan, the most commonly used insurance for group plans is health insurance. Employers often offer group health insurance to provide coverage for their employees. This type of insurance helps employees access medical services and stay healthy while also offering cost savings through group rates.
Cosmetic procedures, elective treatments, and pre-existing conditions are typically not eligible for coverage in a group health policy. These exclusions are common in group health insurance plans as they focus on essential medical needs rather than optional or non-essential services.
In most cases, 100% of eligible employees must be covered by non-contributory group insurance plans. This ensures that all eligible employees are provided with insurance benefits without having to contribute financially. Compliance with this requirement is crucial for employers offering group insurance plans.
Group health insurance premiums in Michigan are calculated based on factors such as the number of employees enrolled, their age, location, and the level of coverage chosen. Insurance carriers use these details to determine the overall cost of the plan. Employers may also contribute to the premium costs, affecting the final amount.
In Michigan, the cost of health insurance per month can vary depending on factors such as age, coverage level, and provider. On average, individuals can expect to pay between $200 to $600 per month for health insurance in Michigan. It’s recommended to compare quotes from different insurers to find the best option for your needs.
Health insurance rates in Michigan are high due to factors such as increasing healthcare costs, lack of competition among insurers, and the state’s aging population. Additionally, Michigan’s high rates of chronic diseases and severe weather conditions can drive up insurance costs.
Yes, Michigan offers free health insurance options through its Medicaid program. Eligibility is based on income and household size. Residents can apply for Medicaid through the Michigan Department of Health and Human Services to access affordable or no-cost health coverage.
For the best group health insurance plans in Michigan, Blue Cross Blue Shield of Michigan is a top choice. With a wide network of providers, comprehensive coverage options, and competitive rates, Blue Cross Blue Shield stands out as a reliable option for businesses looking to provide quality healthcare benefits to their employees.
Yes, Michigan does not have a state law mandating residents to have health insurance coverage. However, having health insurance is strongly recommended to avoid high medical costs in case of illness or injury. Residents can explore insurance options through the Health Insurance Marketplace or their employer.
A group seeking group health coverage for its members must typically meet requirements such as having a minimum number of members, being actively engaged in a common business or activity, and having a valid tax ID number. These criteria help ensure eligibility for group health insurance plans.
In Michigan, employees are typically accepted into a group insurance plan when they meet eligibility requirements set by their employer, such as completing a probationary period or working full-time. The specific enrollment process and timing may vary depending on the company’s policies and the insurance provider.
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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