Oregon Group Health Insurance & Employee Benefit Plans

Taylor Benefits Insurance has over 25 years experience providing top-notch employee benefit plans and group health insurance packages in Oregon.  We set the bar high when it comes to offering personalized service when creating customized business packages designed specifically to meet your company needs.  Taylor Benefits prides itself on providing comprehensive and affordable insurance to your valued employees while constantly figuring ways to effectively cut costs for you as the employer.

We specialize in the following:

Taylor Benefits works independently which allows us to draw resources from many different insurance companies in an effort to provide you with the most comprehensive packages at the lowest rates possible.  Whether you run a small business with 10 employees or need a package deal for over a thousand, we can help!

Healthcare in Oregon is constantly evolving, so Taylor Benefits Insurance must be flexible.  We   consistently keep informed of the changes, so your company will remain compliant through it all.

Call us today at the number on the top of the page for a FREE estimate and available group benefit options in Oregon or complete the simple form on the right for a no obligation, customized proposal for your Oregon-based business.

Oregon Group Health Insurance & Employee Benefit Plans

Oregon Large Group Health Insurance Plans

Since the implementation of the Affordable Care Act (ACA), group health insurance plans are required to meet established standards for essential benefits. Suppose the program doesn’t provide all the components. In that case, the employer offering the coverage can be found non-compliant with ACA rules. The ten essential minimum benefits that a large group health plan must cover are these:

  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

One of the mandatory covered services is preventative and wellness services, including chronic disease management. That means insurers must include preventive services without any cost to the patient. Preventive care includes vaccines, cancer screenings, and testing for other illnesses and conditions like high blood pressure and cholesterol. Some large employers are going further, offering additional screenings plus information about disease avoidance and management. Many add incentives and support for health-conscious activities like exercise, smoking cessation, and stress reduction. Incentives can be as simple as offering employees a step counter (exercise monitor) when they sign up to participate.

Oregon Small Business Health Insurance Plans

Oregon’s marketplace for small businesses offers helpful resources for companies that want to provide healthcare insurance for their workers. Companies can learn about the options for coverage, pricing, and how to access information about tax credits. Taylor Benefits Insurance can help your company navigate the regulations and be sure that you locate the support that’s available for you. Small companies must meet these criteria to be eligible for the administrative support tax credit:

  • Employ fewer than 25 full-time equivalent employees (not including family members of owners or seasonal workers)
  • Pay average annual salaries of $50,000 or less per employee
  • Pay at least 50 percent of full-time employees’ premium costs
  • Purchase a qualified plan

Oregon Employee Benefit Plans and Employee Benefit Packages

Oregon requires employers to provide up to forty hours of sick leave for their workers annually. Employees accrue time at least one hour earned for every thirty hours worked. For companies with at least ten employees, the sick leave must be paid time off. No other paid time off is required, but Oregon workers are entitled to an unpaid family leave of up to twelve weeks.

Oregon has a retirement savings program that companies must register for if they do not offer a retirement plan on their own. OregonSaves does not require the company to make any contributions, but it must administer employee deposits.

How does the Affordable Care Act affect your Oregon business?

The Affordable Care Act (ACA), often referred to simply as Obamacare, was revolutionary in its time.  It allowed the uninsured population all over our country to afford insurance where before it may not have been a feasible option.  Of course, it also greatly affected the way insurance was provided in the workplace.  Oregon companies were especially effected by the changes.

Many businesses were forced to restructure their insurance plans entirely, which was a pricey expenditure.  Taylor Benefits Insurance can help review your policies, offering suggestions or alternatives to ensure you stay in compliance of the ACA while also conforming to your budget.  We are constantly offering updated packages to positively influence your bottom line, while providing the most comprehensive coverage to your employees.

If you need this type of attentive insurance assistance and are operating a Oregon-based business, please complete the form on the right or call the number at the top of the page for a FREE, customized proposal guaranteed to meet your needs exactly.

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

Comprehensive insurance plans in the US cover medical bills incurred after a patient is hospitalized or requires financial assistance from a medical provider. In order to comply with the Affordable Care Act, Oregon requires its residents to have health insurance. According to the ACA, all individuals must have health insurance unless they qualify for an exemption. Oregon is not one of the states that have adopted its own health insurance guidelines since the Affordable Care Act went into effect. Here are a few answers to some of the most frequently asked questions surrounding health insurance in Oregon.

How Do Large Group Health Insurance Plans work in Oregon?

The same applies in Oregon to large group health insurance plans as they do across the country. They offer the essential security and benefits that an employee needs in a company with 50 or more employees. It is an excellent value for a company to have a large group health insurance plan that can provide adequate coverage at an affordable price because some insurers may offer bulk discounts.

In Oregon, What Is Considered a Small Business Group for Health Insurance Plans?

In order to qualify as a small business group, a company needs to employ a certain number of people. Employers fail to realize, however, that they only need one eligible employee to be eligible. The maximum number of employees that can be covered by a small business health insurance plan is 50. You will be eligible for large group health insurance if you reach this threshold.

What Are the Different Types of Benefits Offered in Oregon?

In Oregon, employees have access to a variety of benefits. This includes the following:

  • HSA
  • Life Insurance
  • Long Term Care
  • Health Insurance
  • Affordable Care Act
  • Vacation Options
  • Unemployment Plans 
  • 401k
  • Retirement and Pension
  • Dental Insurance
  • Vision Insurance
  • Short And Long Term Disability Insurance
  • Section 125 Cafeteria

Basic plans are available for employees to choose from. The insurance package that you choose for your employees may, however, be tailored to their needs.

What Percent of Health Insurance is Paid by Employers?

Employers and employees share the costs of insurance. If your group health plan is exceptional, you may save money. A group health insurance premium will cost the employer anywhere from 70% to 90%, depending on the employee’s financial ability. Subsidies are available for employees who can’t afford their healthcare

We’re ready to help! Call today: 800-903-6066