Shreve Port Group Health Insurance and Employee Benefit Plan

Shreve Port group health insurance plans

Shreveport LA Large Group Health Insurance Plans

The Affordable Care Act (ACA) is not the only reason that big companies offer health insurance to their employees. Many also recognize the value that it gives them for recruiting and retention, while others understand that it’s the right thing to do. Still, as costs keep rising, companies must look for ways to control expenses and share those costs with the employees. The ACA limits how much companies can charge employees for their health insurance premiums as part of the affordability requirements.

One way that some companies try to manage costs is by self-funding their programs. Self-funding means they directly pay claims workers have for medical care instead of buying insurance from a provider. The risk can be significant if several workers incur tremendous expenses. However, there is also an opportunity for cash flow management and overall savings. In many cases, the employer will employ a third-party administrator to manage the disposition of claims. The company can limit risk with a stop-loss policy. In most cases, employees won’t know that the program is funded by the employer rather than a traditional insurance policy. The company typically uses a third-party administrator to manage the claims.

Shreveport LA Small Business Health Insurance Plans

Small companies aren’t covered by the ACA requirement to offer health insurance to their employees. Still, like more significant companies, many want to provide the benefit but also want to control the cost. Because of their relative size, self-funding may be riskier for a small company. So instead, they might choose a level-funded plan. Level-funding is a combination of traditional insurance and self-funding. This approach provides more flexibility and cash-flow control for the business. At the same time, it limits the risk that can come with an influx of high claims.

Shreveport LA Employee Benefit Plans and Employee Benefit Packages

Benefits are sometimes described as the non-monetary part of employee compensation. When a potential employee considers the offer, they probably put more weight on the pay, but they will assess the benefits package as well. A good benefits program may add thirty percent to the overall cost of each employee.

Benefits usually include health insurance, paid time off, and sometimes contributions to a retirement savings plan and other costly components. However, benefits can also be free or low-cost perks like flexible scheduling, remote work options, casual dress code, and the office culture.

Shreve Port is the third largest city in Louisiana with a vibrant economic outlook. The city offers a conducive environment for businesses to thrive in including a skilled work force. However, employee recruitment and retention is mostly dependent on employee benefits plans. For most job hunters, group health insurance and employee benefits show that you care about their well-being.

Group Health Insurance and Employee Benefits

Group health insurance is one of the most desired employee benefits that job hunters pay attention to when looking for employment opportunities. This is a critical part of your group health insurance and employee benefits plan. By offering your employees a benefits package, you can be sure to increase their productivity and performance. Your employees are able to take care of their personal health and that of their loved ones well.

Who We Are

Taylor Benefits is a leading insurance agency that offers businesses across Shreve Port group health insurance and employee benefits plans. We have been in the industry for three decades so we have an in-depth understanding of the dynamics of the healthcare insurance industry and can help you make the right decisions. We are experienced in crafting custom group health insurance and benefits plans that respond to your company’s needs and the needs of your employees. Our licensed insurance professionals take time to understand your business before recommending a plan for you. We care about your bottom line.

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

Insurance Products by Taylor Benefits

Our range of group health insurance and employee benefit plans includes the following:

  • Health insurance
  • Vision insurance
  • Dental insurance
  • Retirement and Pension
  • 401(k)
  • HSA
  • Section 125 cafeteria plan
  • Life insurance
  • Short and long-term disability insurance
  • Long-term care
  • Small group health insurance
  • Shreveport large group health insurance

Shreve Port group health benefits and employee insurance plans

Why Taylor Benefits

At Taylor Benefits, we are different from other insurance providers. We operate as an independent group health insurance agent. For this reason, we are able to cully customize a perfect group benefits package for you by carefully drawing from other traditional insurance providers. This way we guarantee you the best deal possible. We negotiate for the best rates and premiums. Our agents understand the ever changing insurance climate in Shreve Port therefore, we are able to offer you unparalleled service. When it is time to renew your policy, we carry out a market analysis to confirm that your current carriers are still the best. This also gives us an opportunity to make changes where necessary.

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

Contact Us

Whether you are looking to get started on your group health insurance and employee benefits plan or you would like to make a switch, contact us today for free consultation. Our agents are ready to take you through various packages and help you find a package that is a perfect fit for your needs. We can even give you a free proposal with no obligation. Call us now on 800-903-6066.

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