Virginia Beach Group Health Insurance & Employee Benefit Plans

Virginia Beach group health insurance plans

In the city of Virginia Beach, group health insurance plans cater to a sizeable network of individuals, both employees and business owners, looking for comprehensive coverage that suits their unique needs. These insurance products range from different types of coverage such as wellness and preventative care, HMO’s, premium PPO’s and specialized Optima Health programs tailored to meet the specific needs of their member base, regardless of their budget.

Boasting over 25 years of experience, Taylor Benefits Insurance, identifiable by its distinct logo, provides more than just enrollment in standard group health packages for Virginians. We service a diverse range of clients, from businesses to Medicare-eligible adults, and work assiduously to determine the best options for each member. Utilizing state-of-the-art app technology and advanced JavaScript programming, we proudly work as independent agents, crafting custom group healthcare insurance plans for clients. Our advantage as an independent agency allows us to provide more comprehensive plans at more affordable prices than other insurance providers or plans purchased through the federal exchange. Our focus lies on those we serve; their healthcare needs and our commitment to addressing those, rather than getting tangled in the competition of the market.

When it comes to your health insurance coverage, settling for half of what you need should not be an option. Consider working with an independent agency like Taylor Benefits Insurance today, where we prioritize your health above anything else. Scheduling a consultation with our agents can drastically improve your current situation by offering tailored solutions to meet your healthcare needs, while also facilitating the management of your expenses right from our app.

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

Virginia Beach VA Large Group Health Insurance Plans

Across the country, many businesses struggle to hold down health insurance costs, particularly for large group health plans. Insurance is always a high cost to the company, and under the ACA provisions, companies are limited in how much of the expense they can pass along to their workers. The Kaiser Family Foundation reported this year that the premiums for large group insurance have risen over twenty percent in the last decade, further escalating the burden on employers. In this state of increasing premiums, Optima Health has positioned itself as a mindful solution for businesses seeking affordable coverage.

One method employers use to moderate costs includes choosing high-deductible health plans (HDHPs) under terms of PPO (preferred provider organization) type health plans. To qualify for a health savings account (HSA), the health plan must adhere to certain IRS guidelines, such as a minimum deductible of $1500 for individuals or $3000 for family coverage for the 2023 policies. It’s important to note, however, that in practice, many of these plans incorporate much higher deductible amounts.

HSAs have gained popularity for their efficiency and value. They allow participants to contribute pre-tax dollars, and many employers also offer co-pay. Funds accrued in this way can be used to pay for qualified medical expenses, like prescription drugs, and the unused amount can be rolled over indefinitely. Optima Health has been a leader in offering such accounts to its member base.

Virginia Beach VA Small Business Health Insurance Plans

In light of the high cost of insurance, companies with fewer than 50 workers aren’t obligated under the Affordable Care Act to offer insurance coverage, leading many to opt out. Notwithstanding, incorporating health insurance in your benefits plan can elevate your appeal to potential employees. Taylor Benefits Insurance understands this, and is determined to offer competitive options to businesses of all sizes.With over 25 years of experience in the industry, Taylor Benefits Insurance has built a reputation for providing top-notch group health insurance plans tailored to the specific needs of Virginia Beach businesses. 

Insurance providers are instituting changes to help companies manage their share of the expense while still affording their workers access to healthcare. Typically, subscribers to these plans can expect to pay a deductible and a co-pay when they use their plan’s services. The rise in popularity of high-deductible programs and health savings accounts, through providers such as Optima Health, has led to a viable alternative for subscribers, offering a more efficient form to manage healthcare expenses. By pooling together the healthcare needs of individuals and their families, Virginia Beach group health insurance plans can provide more comprehensive coverage at lower costs compared to individual health insurance plans. 

Virginia Beach VA Employee Benefit Plans and Employee Benefit Packages

Business owners looking to outshine the competition in attracting talented employees often rely on high-quality employee benefits packages. Regardless of the business’s size, incorporating benefits that cater to worker’s needs is a winning strategy. Some of the most widely requested benefits are standard inclusions within our healthcare insurance plans, including access to our user-friendly app, which offers convenience to all members.

  • Paid time off (vacation, holiday, and sick leave)
  • Family leave
  • Retirement support
  • Health Insurance
  • Dental and vision insurance
  • Flexible working schedules (including remote work)
  • Childcare support (and elder care assistance)

Group Insurance Benefits with Taylor Benefits Insurance

All our group healthcare insurance plans include a variety of crucial health benefits. We give our clients the liberty to pick and choose their preferred benefits, determining the extent of their coverage according to their needs. We are proud to offer plans that support the overall wellness of each member, as we understand healthcare extends far beyond treating illnesses.

One of the greatest advantages of our plans is their customizability. Clients can pick and choose the health benefits they need, creating a tailored group healthcare insurance plan that best suits them. You have the power to create a plan that suits your budget and meets your specific healthcare needs.

Virginia Beach group health benefits and employee insurance plans

The continually escalating premiums on healthcare insurance plans purchased through the federal exchange have made group healthcare insurance a more desirable option for Virginia residents. This means that, for many people, healthcare could soon become unaffordable, especially when considering that Virginia Beach residents already paid an average of $4,264 in 2015 for their healthcare costs. Switching to group healthcare insurance can be the key to affordable coverage. You can even manage your plan through our intuitive app, making healthcare management simpler than ever before.

If you’re currently enrolled in an individual healthcare insurance plan provided by an insurance provider or through the federal exchange, it is worthwhile considering the switch to group healthcare insurance. With options like Optima Health and HMO plans, you may find a plan that suits your needs better than your current one.

Unlike other insurance plans, group insurance plans are more affordable and comprehensive. Taylor Benefits Insurance, with our team of independent agents, offers clients the advantage of circumventing the actions of the government or other insurance providers. By switching plans today, you can prevent your rates from increasing. Also, with our dedicated app, you’ll enjoy convenient access to your plan’s details anytime, anywhere.

If you are on the lookout for California Group Health Insurance & Employee Benefit Plans, simply click on the quote button to get an instant quote. Take advantage of our expansive network of businesses we service, and join the ranks of the many satisfied members who have made the switch to a group plan.

Why Group Insurance is Better

Group healthcare insurance plans are undoubtedly superior to individual and family healthcare insurance plans. The reasons are straightforward. Group plans are cheaper, more comprehensive, and customizable. If your existing coverage does not meet your healthcare needs, consider switching to a group plan. Save your money and upgrade your benefits with a group healthcare insurance plan, custom-written for you by independent agencies like Taylor Benefits Insurance. By enrolling in a Virginia Beach group health insurance plan, you can ensure that your employees have access to comprehensive medical coverage, including doctor visits, hospital stays, and prescription medications. Additionally, group health insurance plans often offer discounted rates and additional perks such such as free preventive screenings and wellness programs. These benefits not only promote the overall health and well-being of individuals, but also contribute to a more cost-effective healthcare system in Virginia Beach. 

Relevant Statistics

  • Over 90% of businesses in Virginia Beach offer group health insurance coverage to their employees.
  • The average annual premium for group health insurance plans in Virginia Beach is $5,400 per employee.
  • Approximately 80% of Virginia Beach residents with employer-sponsored group health insurance have access to dental coverage.
  • Group health insurance plans in Virginia Beach provide an average of 85% coverage for prescription medications.
  • More than 95% of Virginia Beach residents who have group health insurance report high levels of satisfaction with the quality and affordability of their healthcare.

General Facts

  • Virginia Beach group health insurance refers to health insurance plans provided by employers to a group of employees in the Virginia Beach area.
  • It offers coverage for medical expenses, including doctor visits, hospital stays, prescription medications, and preventive care.
  • Group health insurance typically provides a more affordable option compared to individual health insurance plans.
  • Employers often contribute a portion of the premium costs, reducing the financial burden on employees.
  • Virginia Beach group health insurance plans may also offer additional benefits such as dental and vision coverage.

The Taylor Benefits Promise

Contact Taylor Benefits Insurance for a free estimate and discover why group healthcare insurance is right for you. With a free estimate, you can critically assess the quality of your current healthcare insurance provider, and gauge the necessity to switch to a group plan designed, keeping in mind your unique requirements, by an independent agency like Taylor Benefits Insurance. Secure a no-obligation quote from us and make an informed decision about your healthcare coverage. With the rising cost of healthcare, having a reliable and comprehensive group health insurance plan is essential for both individuals and businesses in Virginia Beach. Whether you are a small business owner looking to provide your employees with affordable healthcare options or an individual seeking coverage, Taylor Benefits Group can help you find the right Virginia Beach group health insurance plan. With a range of options and a dedicated team of experts, we will work with you to ensure that you and your employees have access to quality healthcare coverage that fits your needs and budget.

Frequently Asked Questions About Health Insurance And Employee Benefit Plans in Virginia Beach, VA

An ideal medical insurance plan should cater to the health and wellness of the staff members, ensuring they continue to contribute to the success of their employer. While other benefits like financial assistance or educational perks are helpful, employee medical insurance usually goes hand in hand with a wage in most parts of the world. At Taylor Benefits, we ensure that your business, regardless of its state location, gets access to the best possible plans that focus on the overall well-being of the employees.

What Are Large Group Health Insurance Providers in Virginia Beach, VA, Virginia?

With various large group health insurance providers in Virginia Beach, these are some of the major ones in the marketplace

  • CareFirst BlueCross BlueShield
  • HealthKeepers, Inc.
  • Humana
  • UnitedHealthcare
  • UnitedHealthOne
  • Anthem BlueCross BlueShield
  • Bright HealthCare
  • Aetna Life Insurance Company

What are Small Business Group Health Insurance Providers in Virginia Beach, VA, Virginia?

Many significant businesses in Virginia Beach offer small business group health insurance; below are some of the prominent providers in the industry.

  • Allstate Benefits
  • Anthem BlueCross BlueShield
  • CareFirst
  • Kaiser Foundation Health Plan of the Mid-Atlantic States, Inc.
  • UnitedHealthcare

What Benefits do Employers Offer in Virginia Beach, VA, Virginia?

Providing perks to employees can quickly become an expensive endeavor, but you can only do so much as your budget will allow. The goal is not to become an outlier but to remain competitive in the market. Employees are used to paying a percentage of their health insurance premiums, so it’s essential to keep this in mind.

As a bonus, there are numerous low-cost (and even free) benefit alternatives to choose from. But where to begin? The following is a sample of standard compensation packages:

  • Dental Insurance
  • Retirement Accounts
  • Flexible Spending Accounts (FSAs) or Health Savings Accounts (HSAs)
  • Life Insurance
  • Health Insurance Benefits
  • Flexible Schedules
  • Paid Medical Leave
  • Paid Holidays
  • Paid Vacation and Sick Time

How Much Do Employers Pay for Health Insurance?

Employer-sponsored health insurance premiums are determined by the size of your company and the type of coverage it offers. Employers don’t always pay for health insurance premiums, but there are some averages to consider.

Typically, employers are required to pay at least half of an employee’s insurance premiums. This lowers the cost of insurance for workers.

With the research from the Kaiser Family Foundation, employers are required to pay 82% for single plans and 71% for family plans which cost $5,306 and $12,865, respectively.

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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