- Providing world class service and value for employee benefit group plans since 1987
Taylor Benefits has over 25 years of experience providing top-notch employee benefits packages and group healthcare coverage plans in Oregon. We set the bar high, offering personalized service when creating customized business packages designed specifically to meet your company’s needs. Taylor Benefits prides itself on providing comprehensive and affordable insurance to your valued employees while constantly figuring out ways to cut costs for you as the employer effectively.
We specialize in the following:
Taylor Benefits works independently, which allows us to combine aspects of many different insurance products in an effort to provide you with the most comprehensive packages at the lowest rates possible. Whether you run a small business with 10 workers or need a package deal for over a thousand, we can help you find a perfect health plan!
Healthcare in Oregon is constantly evolving, so Taylor Benefits must be flexible. We consistently keep up to date with regulatory 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 health benefits options, or complete the simple form on the right for a no-obligation, customized proposal for your Oregon-based business.
Since the implementation of the Affordable Care Act (ACA), group health insurance policy is required to meet established standards for essential health benefits. If the program doesn’t provide all the components, the employer offering the coverage can be found non-compliant with ACA rules. The ten minimum essential coverage benefits that a large corporate health protection plan must cover are these:
One of the mandatory covered services is preventive and wellness services, including chronic disease management. That means health assurance carriers must include preventive services without any medical expenses to the patient. Preventive care includes vaccines, cancer screenings, and testing for other illnesses and pre-existing 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 eligible employees a step counter (exercise monitor) when they sign up to participate. Other programs include Medicare Federal Health Coverage Program for people who are over 65 and have an end-stage.
Oregon health protection marketplace for small businesses offers helpful resources for companies that want to provide healthcare coverage for their workers. Companies can learn about health coverage options, pricing, and how to access information about tax credits.
Taylor Benefits can help your company navigate the regulations and be sure that you locate the support that’s available for you. Small businesses must meet these criteria to be eligible for the administrative support small business tax credit:
Oregon requires employers to provide up to forty hours of sick leave for their workers annually. Crews accrue time at the rate of at least one hour earned for every thirty hours worked. For companies with at least ten workers, sick leave must be paid time off. No other paid time off is required, but 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. OR Saves does not require the company to make any contributions, but it must administer staff deposits.
Learn more about employee benefit packages in Oregon.
The Affordable Care Act (ACA), often referred to simply as Obamacare, was revolutionary when implemented. It allowed uninsured people all over the country to afford insurance. Of course, the ACA also greatly affected the way coverage was provided in the workplace. Oregon companies were especially affected by the changes.
Many businesses were forced to restructure their insurance plans entirely, which was a costly endeavor. Taylor Benefits can help review your policies, offering suggestions or alternatives to ensure you stay in compliance with the ACA while also watching your budget. We are constantly offering updated packages to positively influence your bottom line while providing the most comprehensive health package to your employees.
If you need this type of attentive protection assistance and are operating an OR-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.
Medical protection provides financial security for employees since they can obtain the medical services, they need without worrying about the cost. Oregon requires residents to have individual or employer-sponsored health coverage unless they have a verified exemption. Here are some of the frequently asked questions about healthcare coverage:
Large business health programs in Oregon are available for any company or other organization with more than fifty members/employees. Since the medical insurance company can spread the risk over a larger number of people, a large group healthcare protection policy is often available with a lower per-person premium.
Small staff healthcare coverage can be effective for companies with at least one employee or as many as fifty. In most cases, small team coverage is more affordable than individual coverage policies.
In Oregon, employees have access to a variety of benefits. The employer decides what to incorporate into the package, but the list may include any of the following:
While employers decide what to include, many try to incorporate benefits that will match their workers’ needs.
Employers and employees usually share the costs of insurance. In Oregon, employers contribute an average of 84 percent of the premium cost for individual healthcare coverage. Some also subsidize the cost for dependents.
Group health insurance is a type of health coverage that employers offer to their employees. It provides medical benefits to a group of people, typically at a lower cost than individual plans due to the risk being spread out among the group. Group health insurance helps businesses attract and retain talent by providing comprehensive health benefits.
Group insurance is typically provided through an employer or organization, covering a group of individuals under one policy. It offers lower premiums and broader coverage compared to individual insurance. Individual insurance, on the other hand, is purchased directly by an individual to cover themselves and their family members.
The largest health insurance companies in Oregon include Taylor Benefits Insurance, Kaiser Permanente, Regence BlueCross BlueShield, and Providence Health Plan. These companies offer a wide range of health insurance plans to meet the diverse needs of Oregon residents.
In Oregon, a large group for health insurance typically consists of 51 or more employees. Large groups often have more negotiating power with insurance providers, leading to potentially lower premiums and more comprehensive coverage options. Understanding what is considered a large group for health insurance in Oregon can help businesses make informed decisions when selecting coverage.
Large group insurance in Oregon typically covers organizations with 51 or more employees, offering more plan options and lower premiums per employee. Small group insurance covers businesses with 2-50 employees, providing fewer plan choices and higher per-employee premiums. Oregon state regulations differ for each group size.
To qualify for large group health insurance in Oregon, businesses typically need to have a minimum number of employees, usually around 50. Employers must also meet certain contribution requirements and ensure that a certain percentage of eligible employees enroll in the plan. Additionally, businesses must be actively engaged in business operations within the state of Oregon.
The average cost of health insurance in Oregon for large groups can vary depending on factors such as coverage levels and employee demographics. However, on average, employers in Oregon can expect to pay around $500 to $700 per employee per month for health insurance coverage for large groups.
In Oregon, offering large group health insurance requires compliance with state regulations. Employers must meet criteria such as minimum participation rates, contribution levels, and providing essential health benefits. Additionally, adherence to federal mandates under the Affordable Care Act is mandatory. Understanding these requirements is crucial for offering large group health insurance in Oregon.
Health insurance benefits are crucial for attracting and retaining talent in Oregon because they demonstrate a company’s commitment to employee well-being, improve job satisfaction, and reduce turnover rates. In a competitive job market, offering comprehensive health coverage can give employers a significant edge in attracting top talent.
The best wellness programs for large groups in Oregon often include activities like yoga, meditation, fitness classes, and nutrition workshops. Some popular options in the state are corporate wellness retreats, team-building outdoor activities, and health coaching sessions. These programs aim to promote overall well-being and boost team morale.
Offering wellness programs to employees can provide tax benefits to employers. The IRS considers these programs as a deductible business expense, potentially reducing taxable income. Additionally, benefits such as health insurance premiums can also be tax-deductible. Overall, implementing wellness programs can lead to cost savings and tax advantages for businesses.
Wellness programs can help reduce health insurance costs for large groups by promoting healthy behaviors, preventing chronic diseases, and lowering medical expenses. By focusing on preventive care and employee well-being, these programs can lead to reduced healthcare utilization and ultimately lower insurance premiums for organizations.
The best dental and vision coverage options for large groups in Oregon include comprehensive plans offered by top insurance providers like Delta Dental and VSP. These plans typically offer a wide range of benefits and network coverage to meet the needs of large groups in Oregon.
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