- Providing world class service and value for employee benefit group plans since 1987
Keeping your employees happy as a business owner in Plano, Texas isn’t the easiest. The competition as a business can be tough in the Lone Star state. To stand out, it’s imperative to offer your employees the best possible insurance and benefits to maintain the longevity of your best employees. Going through a licensed insurance broker is the greatest way to get exactly what you want out of your group health insurance and employee benefits plan. It’s also the best way to guarantee you’ll find the lowest rates and premiums at Plano.
Our cooperative and knowledgeable brokers at the office of Taylor Benefits Insurance Agency have the ability to modify plans and negotiate costs. Through thorough planning, we’ll exceed your expectations at a rate lower than you’d find anywhere else in Texas or Dallas.
It’s essential that we provide the best benefits information to our clients. To further the benefits of going through a broker, we will make sure your plan complies with the Affordable Healthcare Act. Your company may then qualify for a tax break at the end of the year due to its compliance with the government issued Affordable Care Act.
The Affordable Care Act (ACA) mandate compels large companies to provide and subsidize health insurance for their employees. Still, that isn’t the only motivation for employers to do so. Many also recognize the contribution of insurance for recruiting and employee retention. Still, as expenses rise, companies look for ways to control the cost of insurance. In addition, since the ACA limits what companies can charge employees for their health insurance premiums, employers may have to shoulder a more significant share when prices rise.
One-way companies can manage costs is by self-funding their programs. The business pays the claims workers submit for medical care in a self-funded medical reimbursement program. They bypass buying insurance from a provider. The financial risk may be significant if several workers incur abnormally large expenses. Still, many companies save money with this method, and it is typically less risky for large companies than for small ones. Also, the company usually benefits from cash flow management and coverage control. Usually, the employer will employ a third-party administrator to manage claims. Businesses can also limit their risk with a stop-loss policy, although doing so will reduce the savings.
Small companies may refrain from offering health insurance because of the high cost. Large companies can often self-fund their programs, offering an opportunity to save money and manage cash flow better. Typically, for smaller organizations, the risks of self-funding may prevent them from taking that approach.
One option is for these small businesses to establish a Qualified Small Employer Health Reimbursement Arrangement (QSEHRA). These accounts help support workers by facilitating their use of pre-tax funds for healthcare. The company decides how much to contribute and avoids the burden and exposure of managing insurance. Talk to your Taylor Benefits Insurance specialist about how QSEHRAs work.
Benefits are the non-monetary part of employee compensation, and the package may be comprehensive or minimal. When a potential employee considers an offer, they usually prioritize the salary, but a good benefits package is also a good incentive for many workers. Companies sometimes spend as much as thirty percent of average employee pay on benefits.
Good benefits often include health insurance, paid time off for illness and vacation, and contributions to a retirement savings plan. Perks like insurance and time off are the expensive parts of the package, but some excellent components are free or low-cost. These less costly benefits include flexible scheduling, remote work options, a casual dress code, and the office culture.
Once a plan has been set in stone and you’re pleased with the options, we’ll see how many quotes we’re able to present you with. From there, we’ll decide together what the best route to take is for your business. Give us a call at 800-903-6066 for more information and a FREE quote!
With a well-rounded group health insurance, you can offer lifesaving emergency costs for your employees and their families. Employers can enjoy a plethora of benefits in their jobs.
Proving health insurance benefits to your employees shows you in good light. Your employees feel supported and comforted if they know their employer is taking care of their health expenses. So, it generates goodwill for your brand in the industry.
Our group health plan for small businesses is available at an affordable rate. You can cover many employees under one policy at a manageable budget rate. Small businesses can purchase a bundled policy for dental, vision, health, and retirement plans in Plano, TX.
To cover your employees’ medical expenses, you need a corporate health insurance plan. In case you assure them about higher hospital expenses, employees tend to feel motivated. Small business companies get the Medicare account service at lower premiums in Plano, TX.
To ensure you have a good reputation in the industry, you need to showcase yourself as employee centric. With our group health insurance and voluntary benefits, you can easily do that. When your employees learn that you care about them, it helps in retaining talent.
Some of our policy solutions allows to claim family medical expenses. This kind of service makes employees connect better with a company.
Companies can enjoy great tax benefits when you pay the insurance premium for the Group Health Plan you bought for your employees’ welfare in Plano, TX. It helps in reducing your tax liability and interest payments.
In present times, maintaining health and well-being is becoming the talk of the town as people live stressful life.
No, health insurance cannot keep things from happening, but it can surely offer some support with healthcare facilities and voluntary benefits for your employees. It makes your employees feel cared for. Moreover, it ensures that they are in good health as they have health insurance to take care of their medical expenses.
It is a valuable benefit that many look for in Plano, TX. Thus, by providing such voluntary benefits you can make them happy. And happier employees mean a happier workplace in Texas.
Your business staff can also benefit a great deal from our health insurance plans in Texas and Dallas.
The primary benefit of our insurance solutions is that you get healthcare coverage in times of emergency. For instance, if you are hospitalized for emergency surgery, the group health insurance solutions can help.
Our health insurance service come with the following features.
Once a plan has been set in stone and your company is pleased with the options, we’ll see how many quotes we’re able to present you with. From there, we’ll decide together what the best route to take is for your services. Give us a call at 800-903-6066 for more information and a FREE quote!
Learn more about Plano employee benefits packages offered by Taylor Benefits.
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