San Francisco Group Health Insurance

Taylor Benefits Insurance Agency – San Francisco’s leading provider of flexible, affordable workplace benefits and insurance.

At Taylor Benefits, our aim is to be more than just another California insurance broker–we want to be your one-stop solution for all your group health insurance and benefits needs in San Francisco. We believe that a quality group health plan not only helps attract and retain quality employees, but it also helps businesses effectively manage costs.

With the ever-increasing competitiveness of the modern workplace, it’s becoming more and more difficult to attract and retain high-quality employees. For businesses large and small, one way of keeping your best and brightest performers is to offer a comprehensive health care package.

Being able to administer employee or group benefits at a reasonable cost to your company and your employees is an essential part of this process and it’s what we do best.

San Francisco group health benefits and employee insurance plans

Taylor Benefits provides practical and affordable group health plans that are specifically tailored to your business, health care coverage requirements and the needs of your employees, including medical, dental, and visual coverage services, as well as retirement plans and disability coverage.

As a general rule, most group benefits will include medical, dental, visual, disability and retirement savings plans.

San Francisco, CA, has a Health Care Security Ordinance specifying the minimum amount an employer must spend on workers’ healthcare. The minimum amount for companies with at least twenty workers (up to 99) is $2.20 per hour that the employee works. The minimum hourly expenditure for companies with 100 or more workers is $3.30. This rule applies to employees who work at least eight hours per week in San Francisco and have been employed for at least 90 days.

San Francisco CA Large Group Health Insurance Plans

San Francisco is a costly city to live and work in. Like some other metropolitan regions, it’s a highly competitive labor market, and companies that want to hire and retain the best employees already know they must provide high-quality health insurance as part of their overall benefits package. For companies seeking the advantage, working with Taylor Benefits Insurance can help ensure that you offer the essentials with the choices your current and potential employees expect. Our consultants can also help you do so without overspending.  

San Francisco, CA Small Business Health Insurance Plans

The ACA doesn’t mandate that small companies in San Francisco provide health insurance. Still, if the firm has twenty or more workers, then the San Francisco Health Care Security Ordinance requires substantial spending on employee health care. Therefore, it’s a good idea to seek expert guidance from a broker like Taylor Benefits Insurance to ensure you aren’t missing a critical requirement or opportunity.

San Francisco CA Employee Benefit Plans and Employee Benefit Packages

San Francisco has a Paid Parental Leave Law that requires companies to make up the difference between the amount that a qualified worker receives under the California Paid Family Leave Law and their regular gross pay. To qualify, workers must have worked for the employer for at least 180 days before beginning their leave and perform 40 percent of their total weekly work hours (with a minimum of eight hours) in San Francisco.

San Francisco employers must also provide sick leave to employees, including temporary and part-time workers, at the rate of one hour earned for every thirty hours worked. Companies with ten or more workers must allow employees to accrue 72 hours of sick leave. Companies with fewer than ten workers can cap the accrual at forty hours.

Flexible and Affordable Group Insurance Benefits

Our experience and expertise as an independent broker in California means that we have access to all the major insurance carriers in the state. Since we are unaffiliated, our best interest is in finding a public health plan that meets your group or members needs, while saving you the most money possible.

As part of our standard group plans, we offer an online HR tool to assist in managing group benefits, as well as a yearly policy review to ensure that you’re getting the best value available.

Whether you need group or employee benefit packages, we can find a plan that will provide excellent benefits while still being a cost-effective San Francisco large group health insurance and retirement plans. Here are some of the group benefits we offer to all members:

  • Health insurance
  • Dental insurance
  • Vision insurance
  • Disability
  • 401(k) plans
  • Retirement plans
  • Pension plans
  • Flex Spending Accounts
  • Life insurance
  • Long term care

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

The Affordable Care Act and Changes To Employee Benefits

It’s clear that employee health insurance and group benefits plans is affected as the Affordable Care Act is fully implemented. It has changed the way in which eligible plans are negotiated and service benefits are administered by the providers.

Guidelines and procedures for claiming the Small Business Tax Credit have given more freedom to employers to provide the best group insurance to employees.

New Challenges Facing Human Resources Managers

With the advancement of the Patient Privacy and Affordable Care Act, HR and business managers will face new challenges when it comes to resolving employee expectations of coverage.

Businesses are now tasked with the challenge of making sure they are compliant with new vaccine laws and regulations of the industry as they are rolled out.

This is when it pays to have an insurance specialist on your side that not only has a thorough understanding of the existing and upcoming service regulations, but also has the ability to craft creative full spectrum solutions when it comes to balancing your program budget with the needs of your employees.

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

New Challenges Facing Human Resources Managers

Learn more about San Francisco employee benefits packages offered by Taylor Benefits.

New Challenges For Small Businesses

Get more information about San Francisco employee benefits packages offered by Taylor Benefits.

Do You Really Need to Provide San Francisco Health Plan Options

The health insurance plans given by employers to its employees along with pre-decided wages are termed as employee benefits. Some of the San Francisco services offered are health care access, medical insurance, vaccine appointment, daycare for children, life insurance, group insurance health coverage, prescription coverage, etc.

Companies in San Francisco provide insurance and various other medical services to their employees to keep them happy. Now, why to keep them happy? Happy employees have greater morale and motivation. It increases their productivity and time period of stay in the company.

Increased retention saves employer’s money as they don’t have to repeat hiring and interviewing process. Thus, you retain the best talent within your company.

How to get the Best Health Insurance Plans and Employee Benefits in San Francisco

Are you still searching for the best San Francisco department health benefits and insurance company? Confused between Anthem Blue Cross or Health Net?

Let us take you through some important guidelines before choosing from the health care providers.

  • Get a meeting fixed with the San Francisco health plan company representative. Discuss your health care access needs and health coverage expectations.
  • Always ensure whether their health care policy can fulfill your needs and the procedure to be followed for achieving your needs.
  • Choose the best among all the available options of health plan packages for small business owners.
  • Choose a contract which protects both you and your San Francisco health plan provider.
  • Carefully read all the documents until your are satisfied.
  • Timely prepare the contracts to lock in the given rates and health care coverage of your plan.
  • Evaluate the procedure to deal with questions, concerns, and issues which can arise in the future.
  • Do not forget to ask if your San Francisco health plan company can bring the packages program to your office premises.

Residents can Check out Healthy San Francisco

If you are one of the residents of San Francisco, you get the access to Healthy San Francisco program that offers affordable health coverage. If your employer is not following health insurance mandate, go for Healthy San Francisco program exclusively designed for San Francisco residents.

Look beyond Anthem Blue Cross and other health care services to get access to the best hospitals.

Relevant Statistics

  • Over 95% of businesses in San Francisco offer group health insurance to their employees.
  • The average deductible for a San Francisco group health insurance plan is $1,250.
  • Approximately 85% of San Francisco residents have access to employer-sponsored health insurance.
  • On average, employers contribute 75% towards the premium costs of group health insurance plans in San Francisco.
  • San Francisco has seen a 40% decrease in the uninsured rate since the implementation of the Affordable Care Act.

General Facts

  • San Francisco offers a variety of group health insurance options for businesses and organizations.
  • Group health insurance helps provide medical coverage for employees and their dependents.
  • Employers in San Francisco are required to contribute towards their employees’ health insurance premiums.
  • Group health insurance plans in San Francisco often include benefits such as preventive care, prescription drug coverage, and hospitalization.
  • The Affordable Care Act (ACA) provides guidelines and regulations for group health insurance plans to ensure quality coverage for employees in San Francisco.

How to be a Good Health Insurance Client

It is expected from any employer and health insurance company to provide a package which suits your needs keeping your budget in mind.

But it is worth mentioning that the employer plays a crucial part in selecting and purchasing employee health plan.

While selecting any San Francisco health insurance provider, you can follow these easy guidelines.

  • Always make sure that the health care provider knows your needs and what they can offer to satisfy your expectations. This can be related to adding in-network hospitals, doctor visit charges, preventive care coverage, prescription drugs coverage, vaccine programs, adding new members, eligible dependents, nearby physicians or clinics, etc.
  • Be professional and friendly. Handle concerns, questions, and disagreements with politeness and honesty.
  • Go through your needs and goals before opting for any health insurance company in San Francisco. Conflicts will never arise if this is followed.
  • Always ask your health plan providers if they will tell you about the latest information and programs.
  • Provide a phone number to the representative to keep you updated regarding vaccine schedule in California.
  • Timely program payment for insurance coverage is desirable.

Frequently Asked Questions About Health Insurance And Employee Benefit Plans in San Francisco, California

The term “employer-based coverage” refers to a specific form of health insurance plan that is provided by a company that is a member of an association. When numerous people are insured under a group plan, the insurer bears less risk, resulting in cheaper premiums for everyone.

How Much Does It Cost to Offer Employees Health Insurance?

In the year 2020, the average price for individual employer-provided health insurance will be $7,470, while the premium for family coverage will be $21,342. Assuming that all employees make the same amount of contributions, the cost to the employer is $6,227.

To determine the final cost, consider the following considerations:

  • Location
  • Health Care Inflation Factor
  • Group Size
  • Age
  • State Mandates
  • Insurer’s Administrative Costs

In San Francisco, California, How Do Small Business Groups Insurance Plans Cost on Average?

Many factors influence the cost of health insurance, including where an employee lives and what type of plan they have. Group health insurance rates, on the other hand, are based on the average. An annual health insurance premium for a single person was $7,813, and a family plan cost $21,804, according to data from the Kaiser Family Foundation from 2021. A small business is defined as one with fewer than 199 employees. For single coverage, employees footed 83% of the bill, and for families with children, they footed 65% of the bill.

According to the ACA, small businesses with fewer than 25 employees and an average income of $52,000 or less may be eligible for tax credits to assist cut the cost of small business health insurance coverage.

In San Francisco, California, What Is Considered a Large Group for Health Insurance Plans?

Individual health insurance plans are exempt from the ACA’s requirements. Employers with more than 50 employees must provide health insurance to all full-time workers or face a fine. Known as the “play or pay rule,” this was implemented in 2016.

To qualify for large group health insurance in Texas, a company must have 51 equivalent employees. A minimum of ninety-five percent of full-time workers must be covered. A full-time employee works at least 30 hours a week. No matter the form of coverage a large group opts for, there are no lifetime or annual benefit caps on health benefits.

What Are the Different Types of Benefits Offered in San Francisco, California?

It’s critical to cater to the preferences of your workforce. It’s lovely to have ping pong tables and bean bag seats in your office, but they may not be the most important things to your employees.

The following is a listing of famous San Francisco employee perks.

  • Health insurance.
  • Retirement benefits or accounts.
  • Time off that is paid such as sick days and vacation days (PTO).
  • Flexible and remote working options.
  • Financial planning resources.
  • Short-term and long-term disability.
  • Long-term disability.
  • Life insurance.

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