Waterloo Group Health Insurance & Employee Benefit Plans

Businesses in the United States are required to adhere to the provisions of the Affordable Care Act (ACA) which was enacted to provide citizens with affordable and quality healthcare. They are also under government scrutiny to ensure that they adhere to all other insurance laws. The city of Waterloo is located in Monroe County, Illinois, with a population of about 9,000.

Group Health Insurance and Employee Benefits

Many employers do not see the need to provide group health insurance and will consider cost first. However, you are at liberty to decide on the budget and which coverage to offer your employees. You are in a position to command cheaper group rates which makes it pocket friendly. There are many benefits of group health insurance to both the employer and the employee. It will enable you to attract, recruit and retain top talent which will give a competitive advantage. You will also increase the morale of your employees by taking care of their health expenses which can otherwise affect their income. This makes them more loyal and dedicated to their jobs, hence increasing productivity.  Moreover, premiums are deducted from an employee’s salary which reduces their taxable income, increasing their take home pay.

What to Look for in an Insurance Provider

When looking for an insurance provider, there are factors to consider so as to choose the best, which include:

  • Full disclosure – A good insurance provider should disclose all the terms and conditions of a policy.  They should also have a clear statement of the do’s and don’ts.
  • Locality – The insurance company should have a physical presence in your locality so that you can reach them if you need physical assistance.
  • Legal accreditation – Ensure that they have the correct accreditation from the relevant authorities. They will stick to rules, regulations and guidelines.
  • Suitability of products – Consider the type of products they offer because most of them offer general products. Choose a company that will offer policies that are unique to your business needs.

    • Benefits of Working with an Insurance Broker

    Using an insurance broker to purchase your insurance policy has the following advantages:

  • Brokers have good knowledge of the insurance market and will shop for the best insurance plans for you.
  • They have access to a wide range of products from many insurance providers and will compare them and offer plans that best suit your needs.
  • Brokers are experts and will suggest the most suitable policies and offer advice on all insurance matters.
  • They are trained to understand your needs and will offer insurance plans to meet your specific needs and that of your dependents.
  • Their services cost lower since they get premiums at lower rates from the insurers they work with. They are also open about their commissions and do not have any hidden costs.

    • Dial 800-903-6066 and get free consultation on Waterloo,IL Group Health Insurance & Employee Benefit Plans

    Who We Are

    Taylor Benefits is an industry leader in group health insurance, having been in business for over 30 years. We work with businesses across the country to protect the interests of their employees and their families by creating unmatched group health insurance and employee benefits plans. We work with all competitive carriers in Waterloo and across the U.S to craft the best plans for you. We also have an online HR management system which will assist with the management of your benefits plans. Additionally, we provide administration for your benefits plan throughout the year on your behalf.

    Waterloo group health benefits and employee insurance plans

    Insurance Products by Taylor Benefits

    We offer products according to your needs and goals. The products offered at Taylor Benefits include:

  • Group health insurance plans
  • Dental and vision insurance
  • Medical insurance
  • Affordable Care Act (ACA) compliance
  • Group retirement plans
  • Employee benefits and wellness plans
  • Long and short-term disability insurance
  • 401k plans
  • Health Savings Accounts (HSA)
  • Section 125 cafeteria plans
  • Group life insurance
  • Employee pension

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

    Reasons Why You Should Choose Taylor Benefits

    We are an independent insurance broker and we help you maintain a healthy and happy workforce by devising insurance plans that resonate with your employees’ needs. We provide Cobra administration through a 3rd party administrator if your company needs it. We carry out a market analysis at the yearly renewal of your plan to ensure that your carrier still holds a competitive position.

    Contact Us

    A good group health insurance plan will see you retain top talent. Call us now on our toll-free number 800-903-6066 for a well-informed assistance and request for a quote.

    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