Palmdale Group Health Insurance and Employee Benefit Plans

You can get the best and most affordable group health insurance and employee benefit plans by calling us here at Taylor Benefits Insurance Agency. Our longstanding history in the industry gives us the ability to negotiate insurance plans and their cost with some of the greatest and most renowned insurance carriers in California. We offer all our clients educational information, HR tools, consulting, planning, and assurance that we will customize the perfect plan for your business and its employees.

Palmdale group health insurance plans

Providing your employees and their families with reliable healthcare and benefits is important. It keeps your employees interested their job and wanting to continue employment there. Our staff will fabricate a plan within your financial means based off the interest of your company employees. We will make sure that this plan meets the standards of the Affordable Car Act before it is presented as an option.

Palmdale CA Large Group Health Insurance Plans

The Affordable Care Act made far-reaching changes to the rules around employer-sponsored health insurance. Large businesses must offer health insurance for their workers, or they can face penalties. In addition, the ACA requires that every plan must be affordable (defined as costing the employee no more than 9.6 percent of their gross income for individual coverage) and provide ten essential minimum benefits:

  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

Other portions of the law eliminate lifetime benefit caps and allow adult children to stay covered by a parent’s policy until they reach age 26. Another fundamental change to previous practice was the prohibition of “previous condition” exclusions which often kept people from getting coverage.

Palmdale CA Small Business Health Insurance Plans

Small companies—with less than fifty employees– are exempt from the health insurance requirements promulgated by the ACA. However, they may find that they must offer high-quality benefits to attract talented workers. The Bureau of Labor Statistics reports that almost half of small businesses provide insurance for their employees, and many pay part of the cost. These small companies can find help researching, comparing, and administering their insurance plans using resources and support from SHOP (Small Business Healthcare Options Program), which the Affordable Care Act created.

Palmdale CA Employee Benefit Plans and Employee Benefit Packages

A comprehensive benefits package may have several diverse components designed to appeal to different segments of the company’s workforce. For example, most employees want health insurance and paid time off. While large companies must offer health insurance, about half of small firms provide it voluntarily. In California, employers must give their workers at least three paid sick days annually. Many give other paid time off for holidays and vacation, but it’s not required.

Beyond those perks, the top requests for benefits are less consistent. For example, many workers value a retirement savings plan, but these are much less available than health insurance. Since Palmdale is in California, employers must enable workers to contribute to the CalSavers IRA through payroll deductions if the company doesn’t have a separate retirement plan.

Other widespread benefits include:

  • Family leave
  • Dental and vision insurance
  • Flexible working schedules
  • Childcare support
  • Tuition reimbursement

What Group and Benefit Plans We Provide

  • Group health, dental and vision insurance
  • Short and long term disability insurance
  • 401(k)
  • Retirement and pension planning
  • Section 125 cafeteria plans
  • HSA and FSA accounts

Dial 800 -903-6066 and get free consultation on palmdale Group Health Insurance & Employee Benefit Plans

Even if basic health insurance and benefit plans don’t cover everything you’d like in a plan for your employees, tell us what is missing and we will get it included. Our negotiating skills allow us to get everything you need wrapped into one inclusive package at a low cost to your business.

Are you looking for a Carlsbad Group Health Insurance & Employee Benefit Plans? Click the quote button below to get an instant quote.

Written by Todd Taylor

Todd Taylor

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.

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