Salem Group Health Insurance & Employee Benefit Plans

Salem is the capital city of Oregon. With a population that exceeds 150,000 people, the city is the third largest in Oregon. The city not only offers Oregon administrative functions, but also works towards the state’s economic stability. The city also boasts of diversified streams of income for different people.

Salem group health insurance plans

It is, therefore, important that businesses in the region embrace health insurance and employee benefits that favor their staff. Such insurance packages and employee benefits work towards increasing workers’ productivity and benefit the state of Oregon as a whole.

Salem OR Large Group Health Insurance Plans

Due to the passage of the Affordable Care Act (ACA), any large company with more than fifty employees not already offering health insurance was required to start doing so. Those that were providing insurance had new compliance rules to follow. For example, companies must the premium employees pay to no more than 9.12 percent of their gross income (2023 limit). That limit is for individual coverage and doesn’t apply to dependent policies.

Also, children can be covered by a parent’s policy until they turn 26, regardless of whether they are in school or married. Furthermore, no one can be turned down or charged more because they have a pre-existing condition. The ACA also implemented coverage requirements, with ten essential benefit areas that every policy 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

Salem OR Small Business Health Insurance Plans

Small companies that want to assist their employees with the cost of and access to healthcare may consider establishing an ICHRA (Individual Contribution Health Reimbursement Arrangement.) These can be less expensive for small employers but still support workers. Also, companies don’t need to reach specific participation rates, but the plan is portable if the employee changes jobs. These accounts are flexible for employers because they can decide how much to contribute. Another advantage is that remote employees can choose a plan where they live if that’s not close to the company base.

Salem OR Employee Benefit Plans and Employee Benefit Packages

Health insurance is one essential component of a good employee benefits package. Workers value access to insurance and often consider benefits a significant part of their compensation. Insurance is the most commonly provided benefit, along with paid time off. In Salem, employers must allow paid sick leave for workers based on how many hours they work. Other paid time off is at the discretion of the company. Other widespread benefits include the following:

  • Family leave
  • Retirement support
  • Dental and vision insurance
  • Flexible working schedules
  • Remote or hybrid work
  • Childcare support (and elder care assistance)
  • Wellness programs
  • Tuition reimbursement
  • Student loan assistance

Group Health Insurance and Employee Benefits

Group health insurance covers specific groups of people. It is popular with people who work together and is usually picked by employers because it is cheap and effective.

Employee benefits, on the other hand, are non-commissioned benefits or perks that employees tend to receive in addition to their monthly wages. Some might view it as a way to increase productivity in the workplace in addition to creating a conducive working environment. Proper and affordable health insurance and employee benefits also work towards reducing the cost of living for the working American.

Who We Are

Taylor Benefits is located in San Jose, CA. Since 1987, we have been providing group insurance and employee benefits plans for our nationwide customers. We offer group insurance and employee benefits packages for large and small businesses. With our company, you stand a chance to get the right insurance services and employee benefits.

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

Our Products

We offer different insurance products that will fit your required needs.

Our group and employee benefits include:

Salem group health benefits and employee insurance plans

  • Retirement and pension
  • Health insurance
  • Dental insurance with different dental plans
  • Vision insurance
  • 401k
  • Section 125 cafeteria plans
  • HSA
  • Short and long-term disability insurance
  • Life insurance
  • Long-term care
  • Salem large group health insurance
  • Small group health insurance

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

Why Us?

We are independent insurance brokers. We therefore have access to all competitive carriers nationwide for health insurance and other benefits plans. In addition to that, we also ensure that our clients’ carriers maintain competitive positions in the market by doing annual reviews.

We provide plan administration for all your benefits plans throughout the year in addition to providing complimentary Cobra administration through a 3rd party administrator when needed. Cobra administration was established for employees who have stopped working for you but would still like to have access to their benefits.

We also provide an integrated online HR management system for HR and benefits plans administration. We keep your company updated on compliance issues and as new provisions of the health care reform law come into effect.

Take Action!

Do you have any questions? We would love to hear from you.  Call us today on 800-903-6066 (toll-free) or 408-358-7502 (local) and one of our representatives will talk to you. Feel free to visit our website for more information.

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