- Providing world class service and value for employee benefit group plans since 1987
Taylor Benefits Insurance has over 25 years of experience writing custom group healthcare insurance plans for our clients. As an independent agency, we are not required to be in competition with other insurance providers or the state or federal exchanges, so we choose not to be. Instead, clients come to us requesting custom group healthcare insurance plans that they cannot find on the market, and we provide such plans to them.
Our plans, as a result, are more comprehensive and provide more coverage than individuals or family plans. Our plans are also more cost-effective and more affordable. Group healthcare can be the difference between being stuck with a lackluster plan, and achieving the healthcare coverage you always wanted, at a price you could only dream of.
The health benefits listed below are some of the benefits we offer the following benefits in our group healthcare insurance plans. We find that these benefits are appropriate for most of our clients. However, with custom plans, we can obviously customize this list to better suit your group’s healthcare needs.
As insurance plans offered on the state and federal exchanges become increasing unprofitable for insurance providers, more and more providers are lobbying Congress to let them raise premiums. Any sort of raise in healthcare costs for residents of Nashville (Tennessee), however, will impact them negatively. With rate projections of up to 182.2 percent, some residents may be priced out of healthcare entirely if purchased through the exchange.
Currently, there is no better option on the market right now for Nashville residents than group healthcare insurance. Group healthcare insurance is more affordable than any insurance plan from an insurance provider, and group insurance is more stable than any plan offered through the exchange. You need healthcare that works for you. Create a pool of 50 or more friends, and contact Taylor Benefits Insurance about whether group insurance is right for you.
At Taylor Benefits Insurance, we pride ourselves on offering custom group healthcare insurance plans to our clients that can beat out comparative plans on the market. Whether you purchased your current plan through an insurance agency, or you chose a plan offered on the state or federal exchange, you have the power to improve your healthcare. Switch to a group plan and being a life of better healthcare coverage today.
These are some answers to common questions about health insurance plans in Nashville, Tennessee.
Businesses purchase large group health insurance with more than 50 employees. Companies buy these insurance plans to offer to their employees, which usually require at least 70% participation from employees to be valid. After purchasing the plan, organizations offer them to their employees, who can choose whether to participate or not. The premiums for these plans are then split between the employer and the participating employees. These plans may also extend coverage to family members of the group members at an additional cost. However, these health insurance plans are less expensive than individual plans.
A small business group is an organization with less than 50 employees. An organization with at least one employee can still qualify for a small business health insurance plan. Also, the one employee cannot be the business owner or their spouse; they must be full-time employees. Businesses with more than 50 employees in Nashville may have to consider opting for a large group health insurance plan.
The types of benefits employers commonly offer employees in Nashville are divided into voluntary and mandatory benefits. Mandatory benefits are legally required from companies. Examples of mandatory benefits include long-term disability coverage, health insurance, retirement, unemployment insurance, and social security and Medicare benefits. On the other hand, voluntary benefits are benefits that employers can choose to offer; examples include pet insurance, financial counseling, critical illness, and accident insurance, and gym membership.
The amount of money an employer may need to pay for an employee’s health insurance depends on the type of plan, the insurance coverage, and the insurer. If an employer offers group health insurance, it’ll cost them less than individual plans. The insurer also affects the cost of health insurance as different insurance companies may offer different prices for their plans. However, health insurance plans typically cost about $6,000 for single coverage and more than $15,000 for family coverage per employee annually. However, if the premiums are split between employees and employers, it may cost less for the employer.
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