Surprise Group Health Insurance & Employee Benefits Plans

Surprise group health insurance plans

Surprise, AZ, is northeast of Phoenix. It’s a large suburb with over 144,000 residents and ample employment and recreational opportunities. Since workers have numerous nearby options for employment, local companies often need to differentiate themselves by offering robust benefits, including health insurance.

Group Health Insurance and Employee Benefits

It’s no secret that workers with access to employer-sponsored health insurance often get better coverage for a lower price, compared to buying an individual plan. That’s one reason why insurance is among the most requested benefits.

Employers that want to gain an edge in the competition for skilled workers may consider looking into health insurance and other preferred benefits. Health insurance is costly, but many companies share the expense with their employees, and most find that the effort pays off in increased employee loyalty and productivity.

Surprise AZ Large Group Health Insurance Plans

Businesses that must comply with the ACA due to their size have choices when deciding how to satisfy the ACA requirements and provide health insurance coverage for their workforce. For many companies, one important consideration is cost. According to the Kaiser Family Foundation report on benefits, group health plans cost continue to increase. Yet, companies must hold the subscriber share below 9.6 percent of gross income.

Companies can implement cost-saving methods, including increasing the deductible and changing coverage delivery structures. For example, a business can offer a more economical approach, like a high deductible plan, which can be supported by a health savings account (HSA) if it qualifies. However, the IRS stipulates the minimum deductible that allows for using an HSA. Also, many workers now have responsibility for a copayment when they visit a provider. The payment is usually either a flat fee or a percentage of the charge. It could vary depending on the type of visit.

Offering group health insurance to employees often results in lower monthly premiums, allowing employees to enjoy the benefit of lower costs. Moreover, the portion of premiums that employees contribute can typically be deducted from their pre-tax salary.

Also, some large companies now self-fund their healthcare costs. That means the employer pays for employees’ claims for health coverage services directly rather than buying an insurance policy. In addition, these companies usually hire a third-party administrator to administer the programs and assure employee confidentiality. For some, it’s an excellent way to save money.

Surprise AZ Small Business Health Insurance Plans

Small business owners in Surprise, Arizona, with less than fifty workers, don’t have to provide health insurance. However, companies may find that one way they can compete for scarce workers is by offering health insurance benefits to their employees. Some find this problematic since insurance coverage is expensive, and the costs consistently lead to inflation.

Small firms may consider alternative service options like a Preferred Provider Organization (PPO), Health Maintenance Organization (HMO), and Point of Service (POS) program, depending on the company size and the employee demographics. PPOs (preferred provider organizations) are the most common plans by enrolment figures.

Offering health insurance benefits can be a strategic move for small businesses to attract and retain talented employees. While it may not be mandatory for these businesses, providing health insurance can give them a competitive edge in the job market. However, the expenses associated with insurance coverage can be a concern for small businesses, often leading to cost inflation.

To address these challenges, Taylor Benefits Insurance consultants specialize in helping businesses find money-saving solutions. They can provide valuable suggestions tailored to your company’s needs and budget, helping you identify and implement the best health insurance solution.

Surprise AZ Employee Benefit Plans and Employee Benefit Packages

Surprise group health benefits and employee insurance plans

Creating a benefits package for your company in Surprise, Arizona, is vital if you want to ensure you can hire and retain the best staff. Workers know what a tight labor market you face these days, and they won’t hesitate to change jobs for a better offer. So, you may consider mixing traditional and creative pieces in your benefits plan to appeal to more potential employees.

First, most workers want good health insurance, paid time off, retirement savings, and work-life balance. If you have those elements covered, consider adding some optional pieces that make it attractive and help you stand out. Nowadays, many workers want the option of remote work or a hybrid of remote and in-office work. One way to attract workers back into the office is free food—perhaps the occasional lunch or snacks with office coffee and tea. Of course, everyone loves “bring your dog to work day,” if you still have a business dress policy, consider casual Tuesday AND Friday.

Call 800-903-6066 for a free consultation about Group Health Insurance and Employee Benefits Plans.

Who We Are

Taylor Benefits is a highly regarded and well-established broker specializing in crafting group health insurance and employee benefits plans. With an extensive track record of serving employers in Surprise for over three decades, we possess the expertise and experience necessary to develop tailored employee benefits solutions. Our primary objective is to provide affordable and all-encompassing plans that offer an excellent value proposition for your valued staff members.

Insurance Products By Taylor Benefits

Some of the health insurance and employee benefit options we offer include:

  • Affordable Care Act (ACA) compliance
  • Section 125 cafeteria plan
  • Group life insurance
  • Long-term care
  • Health savings plans (HSA)
  • Pension plans
  • HMO and PPO
  • Retirement plans
  • 401 (k) plan set up and servicing
  • Employee benefits and wellness plans
  • Medical insurance
  • Dental Insurance
  • Vision insurance
  • Group health insurance plans
  • Surprise large group health insurance

Are you looking for a Group Health Insurance and Employee Benefits Plan? Click the quote button to get an instant quote.

Why Taylor Benefits

Taylor Benefits Insurance is dedicated to helping your company achieve its objectives. We can help you design a benefits plan that will resonate with your employees without breaking your budget.

Our consultants will get to know your company, including your operations, objectives, and priorities. They use this knowledge to recommend benefits and products that will help you gain a competitive edge in recruiting and employee retention. They have extensive networks in the industry and can leverage their knowledge to obtain lower rates for your employees.

Our consultants will work with you on implementation and administration and will help you utilize our online HR management system to streamline your workflow. They will also conduct periodic reviews of your benefits package elements to ensure that you are still competitive and compliant with applicable regulations.

Contact Us

Contact Taylor Benefits today for a consultation with our experienced and helpful consultants. We offer free, no-obligation consultations. Call us at 800-903-6066 for a conversation with our insurance professionals.

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.



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