Pennsylvania Group Health Insurance & Employee Benefit Plans

Taylor Benefits Insurance has been revolutionizing the healthcare insurance industry in Pennsylvania for over 25 years.  We are the leader in group health insurance and provide the most affordable and comprehensive employee benefit packages.  Not only do we offer versatile and comprehensive policies handpicked exclusively for your company, but we also offer around the clock, top-notch service, so you will always have an agent available to help with your insurance needs.

Pennsylvania Large Group Health Insurance Plans

The ACA made many changes to health insurance for employees of large companies. While most already provided coverage to their workers, the ACA ensures that all plans meet specific standards for services and affordability. For example, the Affordability requirement limits the amount of premiums that subscribers can be required to pay. The maximum is 9.61 percent of a subscriber’s gross income for individual coverage. That means that if an employee has a salary of $50,000, the maximum charge for their share is $4,800 annually.

Also, the ACA lists ten essential benefits that all plans must cover:

  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

Pennsylvania added to this list with the following coverage requirements:

  • Durable medical equipment
  • Diabetes care
  • Reconstructive surgery following mastectomy
  • Infusion therapy (chemotherapy)

Employers can avoid those state-level requirements if they self-fund their healthcare coverage rather than purchasing insurance.

Pennsylvania Small Business Health Insurance Plans

Small employers aren’t required to provide health insurance for their employees. For many, the cost seems prohibitive. One reason is that per capita costs may be higher for small companies since insurers evaluate the risks in the employee pool to determine subscriber rates. Small companies may find affordable plans through the SHOP (Small Business Health Options) program developed as part of the ACA. Your Taylor Benefits Insurance consultant can help you explore potential options.

Pennsylvania Employee Benefit Plans and Employee Benefit Packages

Pennsylvania does not require employers to offer paid or unpaid time off to workers. However, employees value their benefits packages, and many companies offer some time off to recruit and retain talent. In addition, paid time off and expanded family leave (often unpaid) are among the most requested benefits after health insurance.

When possible, employers may add other benefits, like retirement savings plans, life and disability insurance, dental and vision coverage, and more. Many employees value flexible scheduling, particularly if they are balancing family demands with work requirements. Companies may find it cost-effective to allow workers to shift their schedules or offer work-from-home options on request.

Taylor Benefits specializes in the following:

Taylor Benefits operates differently than most insurance providers by functioning as an independent agent.  This allows us the unique ability to fully customize the perfect group package by drawing from any number of traditional insurance providers in order to get you the best deal possible.

Taylor Benefits Insurance also recognizes the constantly fluctuating insurance climate in Pennsylvania, and because we understand this, we are able to offer unparallelled service to all businesses operating in this unique state.

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

Pennsylvania Group Health Insurance & Employee Benefit Plans

How does the Affordable Care Act affect my Pennsylvania-based business?

The Affordable Care Act (ACA), casually called Obamacare, made it easier for the uninsured to receive comprehensive health insurance, but it also threw a wrench in the workings of many small businesses.  Previously approved programs no longer met federally-mandated minimums, so companies found themselves scrambling to become compliant.  Pennsylvania especially was affected due to the changes.

Taylor Benefits has been able to assist hundreds of businesses in Pennsylvania since the induction of Obamacare, and we continue to be the industry leader in group policies and employee benefit plans.  Our first-hand knowledge of the law coupled with our diverse resources consistently allows us to create packages that are ACA compliant without taking away from the company’s bottom line.

If you need this type of attentive insurance assistance and are operating a Pennsylvania-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 Pennsylvania

A comprehensive insurance policy can pay for medical expenses in the United States for customers who are admitted to the hospital or need financial assistance from providers. The Affordable Care Act mandates that Pennsylvania residents obtain health insurance. A federal exchange commonly referred to as Obamacare, is used by Pennsylvania. A health insurance exchange, operated by the state, will open in Pennsylvania in 2021, enabling its citizens to purchase coverage. We have provided answers to some of the most frequently asked questions about Pennsylvania health insurance in the article below.

What Is The Average Cost Of Large Group Health Insurance Plans In Pennsylvania?

Group health insurance is available to employees. For your employees to be well-cared for and stay healthy, most states require employers to provide comprehensive health insurance coverage. Group health insurance is required to be paid by every employee and costs between $1,500 and $4,000. Employer and employee share this expense based on the portion of the monthly premium paid by employee.

Which Pennsylvania Health Insurance Companies Offer Small Business Group Policies?

Health insurance for small businesses in Pennsylvania is offered by:

  • HCSC Group
  • eHealthInsurance
  • Blue Shield
  • Coventry Corp. Group
  • Kaiser Foundation Group
  • Unitedhealth Group
  • Metropolitan Group
  • HIP Insurance Group
  • Carefirst Inc. Group
  • UHC of California
  • State Farm
  • Humana Group
  • Blue Cross

Pennsylvania Employee Benefit Packages: What Should They Include?

Among the benefits an employee should receive in Pennsylvania are:

  • Affordable Care Act (ACA)
  • Corporate Health Insurance & Employee Benefits
  • Vision Insurance
  • 401k
  • Retirement & Pension
  • Section 125 Cafeteria
  • Large Groups
  • Standard Health Insurance
  • HSA Short and Long Term Disability Insurance
  • Life Insurance
  • Long Term Care
  • Dental Insurance

These additions will help to protect and care for your employees while they are employed by your company. In any case, if you wish, you can modify your insurance plan to meet the needs of your employees.

What Is The Average Cost Of Employee Benefits?

Benefits covered by your employment package may change accordingly. The amount you pay for your staff will depend on what they request and how much you are willing to spend. The average employee benefits package in Pennsylvania costs $1000 upwards per year.

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