- Providing world class service and value for employee benefit group plans since 1987
Wyoming, known for its wide-open landscapes and strong sense of community, is home to thousands of small and mid-sized businesses across industries like agriculture, energy, construction, healthcare, and tourism. These businesses are the foundation of the state’s economy, employing more than 56% of the private workforce. In such a setting, offering quality group health insurance in Wyoming is not just about meeting a standard — it’s a strategic investment in your team and your business future.
With healthcare costs on the rise and skilled labor in high demand, a well-designed Wyoming employee benefits plan can help you attract and retain top talent, improve employee wellness, and gain an edge over competitors. Employees today are more likely to choose jobs with health and wellness benefits — even over higher salaries. That’s where Taylor Benefits Insurance steps in.
We work alongside Wyoming business owners to provide tailored, cost-conscious group health solutions that meet both employer objectives and employee expectations. Whether you have five employees or 200, our approach ensures your benefits package supports your goals and delivers real value to your team.
In the State of Wyoming, small businesses and large corporations can come to Taylor Benefits Agency to find the best and most affordable team healthcare insurance and workforce benefit packages. We will provide you with many different options to create one comprehensive medical insurance plan through the healthcare policy marketplace.
Our 25 years in the industry enable us to negotiate and customize your health assurance and benefits plan. We will make sure that everyone working for your company receives affordable healthcare assurance and is happy with their new benefits on the state medical insurance exchange. We’ll even use our negotiation skills to get your premiums lowered.
Group health insurance in Wyoming refers to a single policy that covers a group of employees and often their dependents. These plans are typically more affordable than individual policies and offer broader coverage options. Wyoming employers who provide these benefits are more likely to build loyal and healthier workforces.
A few essential features of group health plans in WY include:
Cost sharing between the employer and employees for premiums
Coverage for routine doctor visits, hospital stays, preventive care, and more
Options to include dental, vision, and prescription benefits
Opportunities to include supplemental offerings like HSAs or FSAs
Even though Wyoming businesses with fewer than 50 employees are not mandated to offer coverage, doing so positions your company as a desirable workplace. Taylor Benefits Insurance helps you explore group health plans in Wyoming that strike the right balance between affordability and coverage depth.
The employment landscape in Wyoming is evolving. As younger professionals and skilled tradespeople evaluate job opportunities, benefits packages often play a larger role than pay alone. Beyond that, employee benefits help address health issues early, reduce absenteeism, and create a more stable work environment.
Here’s why Wyoming employee benefits make a difference:
Recruitment Advantage: Health and wellness offerings can sway top candidates in your favor.
Retention Booster: Employees who receive benefits are more likely to stay long-term.
Enhanced Productivity: A healthier team translates to less sick leave and more engagement.
Employer Tax Perks: You may be eligible for deductions and ACA-related tax credits.
In Wyoming, where many towns have tight-knit communities and few major employers, offering thoughtful benefits can foster loyalty and reputation for your brand. With Taylor Benefits Insurance, you gain access to customized employee benefit solutions that reflect your business values and support your team’s well-being.
No two Wyoming businesses are exactly the same. Your group insurance plan shouldn’t be either. At Taylor Benefits Insurance, we work closely with you to build a plan that aligns with your size, budget, industry, and employee needs.
Our offerings for Wyoming employers include:
Traditional PPO and HMO Plans: With varied provider networks and cost structures for broad flexibility.
High Deductible Health Plans (HDHPs): Combine lower premiums with Health Savings Accounts (HSAs) for tax-efficient savings.
Self-Funded Plans: Larger Wyoming employers can manage costs more directly with these flexible options.
Health Reimbursement Arrangements (HRAs): Empower employers to offset healthcare expenses on a reimbursement basis.
These core options can be integrated with supplemental coverage like dental, vision, life insurance, and mental health support — allowing you to offer comprehensive Wyoming group health insurance plans that truly matter to your team.
Large employers in Wyoming include L&H Industrial, with 2000 employees, and Cloud Peak Energy, with 1,200. Many employers are much smaller but still well over the ACA threshold to offer minimum essential coverage.
Companies offering health insurance must abide by the ACA requirements for coverage and affordability and still watch out for the impact on their bottom line. In Wyoming, employers, on average, cover the cost of 83 percent of the premium for single coverage, and half of the companies surveyed offer at least two packages.
Employers may give workers a choice between one plan with a lower cost, like an HMO or a high deductible plan, and one with a heftier price tag. The employee can contribute more for the alternate if they prefer the structure, as with a PPO or point of service option. One must meet the affordability threshold, which means health care costs the worker less than 9.12 percent of the worker’s household income. For example, suppose a crew member’s salary is $50,000 annually.
In that case, the maximum allowed is $4,650 for that individual to participate in the workforce plan. However, the rule only applies to employee health assurance coverage without considering what it costs for dependents to be included.
While small businesses (with fewer than fifty workers) don’t have an obligation to offer healthcare protection to their workers, they may want to. Health plan is a top wish-list perk for employees and recruits. The U.S. Bureau of Labor Statistics estimates that almost half of the small businesses offer assurance to their workforce, but enrollment is low. That might be because the staff members purchase their own health insurance or short-term medical insurance from another source or find the cost too high premiums.
The Affordable Care Act has excellent resources and support for small businesses that want to offer healthcare insurance. Small business owners who cannot offer group coverage due to minimum contribution (or minimum participation can offer individual medical assurance plans.
In addition, some companies may be eligible for tax credits to reduce the administrative burden. Your Taylor Benefits consultant can help you navigate the options.
A complete employee benefits package goes beyond basic medical coverage. Today’s workforce in Wyoming — from energy workers in Casper to retail professionals in Cheyenne — expects more holistic support from their employers.
Consider adding these to your Wyoming group health plan:
Group Dental and Vision Coverage: Address preventive and ongoing needs like cleanings, eye exams, and corrective lenses.
Group Life Insurance and Disability Plans: Offer financial security for employees and their families during unexpected situations.
401(k) Retirement Plans or SIMPLE IRAs: Help employees plan for the future while increasing loyalty.
Mental Health and Wellness Programs: Support resilience, stress management, and overall satisfaction.
Flexible Spending Accounts (FSAs): Allow employees to set aside pre-tax dollars for medical or dependent care.
Telehealth Services: A growing need in Wyoming’s rural regions, providing quick access to medical advice.
These additions help improve employee morale, reduce long-term health costs, and align your company with modern benefit standards — all while staying within budget.
Compliance is critical when offering health insurance. Wyoming employers must follow guidelines set at both the state and federal levels. Keeping track of these rules can be challenging, but Taylor Benefits Insurance is here to simplify the process for you.
Major regulatory considerations include:
ACA (Affordable Care Act): Employers with 50 or more full-time employees are required to offer minimum essential coverage.
ERISA: Sets standards for plan documentation and transparency, including notices and reporting.
COBRA: Offers continued coverage for eligible employees after leaving your business.
HIPAA: Protects the privacy of employee health information.
We’ll help you maintain compliance with Wyoming and national laws so your group health insurance plan stays up to date and penalty-free. From initial setup to renewals and audits, we provide ongoing support and education.
With decades of experience across the U.S., Taylor Benefits Insurance has become a trusted name in employee benefits and group health coverage. In Wyoming, our deep understanding of both small-town employers and growing urban businesses allows us to serve clients with clarity, confidence, and a local-first approach.
What sets us apart in Wyoming:
Independent access to top health insurance carriers
Custom plans tailored to your business structure and goals
Free consultations and plan evaluations
Annual audits to ensure you’re getting the most from your plan
Transparent service with no hidden fees or confusing language
We don’t just hand over a policy — we stay involved every step of the way. Whether you’re just starting out or expanding your team, we help you grow with the right employee benefits in Wyoming.
Offering group health insurance in Wyoming can strengthen your company from the inside out — and with the right partner, it’s easier than you think. Whether you want to cover just the basics or design a rich, full-spectrum benefits plan, Taylor Benefits Insurance is ready to help.
We serve businesses throughout Wyoming, including Cheyenne, Casper, Gillette, Laramie, and beyond. Our team brings unmatched experience, personal attention, and a genuine commitment to your success.
Contact Taylor Benefits Insurance today to schedule your free consultation and get a customized quote for Wyoming employee benefits and group health solutions. Together, we’ll build a plan that supports your workforce and secures your company’s future.
These are some answers to frequently asked questions concerning health protection plans and employee benefits packages:
Health assurance for large groups can be beneficial to all parties involved, including employers. Employers can claim tax benefits for the medical coverage premiums they pay for their workers. Overall, it improves employee loyalty by making workers feel more valued, resulting in a more positive and upbeat work environment.
Medical protection packages purchased by businesses with 50 or fewer employees are known as small-team health programs. A company must have a minimum of two staff members and a maximum of 50 team members in order to be eligible for small business insurance. Members of the group plan, with the exception of the employer and the employee’s family members, must be full-time employees.
Employee benefits packages vary by company and are based on what they choose to offer to their crews. Often, financial benefits include retirement and 401k plans. Other perks include health insurance, paid leave, leave, gym memberships, and a flexible work environment.
Health protection costs depend on several factors, including the group size, the plan structure, and the included benefits. In Wyoming, employers pay an average of $6389 per worker, which covers 83 percent of the premium.
Group health insurance is a type of health coverage that is provided to a group of people, such as employees of a company. It offers healthcare benefits at a lower cost due to the collective bargaining power of the group. This insurance typically covers a range of medical services and treatments.
Group insurance is typically provided by an employer to a group of employees, whereas individual insurance is purchased by an individual directly from an insurance provider. Group insurance offers lower premiums and broader coverage due to the risk being spread across a larger group. Individual insurance is tailored to the specific needs of the policyholder.
The main advantage of group insurance for businesses in Wyoming is cost-effectiveness. By pooling employees together, businesses can access lower premiums and better coverage options compared to individual plans. This helps attract and retain top talent while providing comprehensive healthcare benefits.
Employees and their dependents are typically covered under a group health insurance plan. Employers can also extend coverage to retirees, part-time employees, and sometimes even contractors. It’s important to check the specific eligibility criteria outlined in the plan to determine who is covered under a group health insurance plan.
In Wyoming, a large group for health insurance typically consists of 51 or more employees. Large groups are subject to different regulations and have access to more coverage options compared to small businesses. Understanding what is considered a large group for health insurance in Wyoming is crucial for selecting the right plan for your employees.
Health insurance is the most commonly used type of insurance for group plans. It provides coverage for medical expenses and is typically offered by employers to their employees as part of a benefits package. Health insurance for group plans offers cost-effective coverage for a group of individuals.
Typically, cosmetic procedures, elective treatments, and pre-existing conditions are not eligible for coverage in a group health policy. While essential health benefits are usually included, exclusions for specific services may apply depending on the policy terms. Understanding which of the following is typically not eligible for coverage in a group health policy is essential for informed decision-making.
In group health insurance, the main difference between a PPO and an HMO lies in network flexibility. PPO plans offer access to a broader network of healthcare providers, while HMO plans require members to use a specific network of doctors and facilities for coverage. What is the difference between a PPO and an HMO in group health insurance ultimately comes down to choice and cost-sharing options.
In Wyoming health insurance, the main difference between a small group and a large group lies in the number of employees covered. Small groups typically consist of 2-50 employees, while large groups have 51 or more employees. This impacts premium rates, benefits, and coverage options available to each group size.
The best health insurance plan for small businesses in Wyoming is typically determined by factors such as budget, employee needs, and coverage options. Taylor Benefits Insurance, Blue Cross Blue Shield of Wyoming and WINhealth are popular choices offering comprehensive coverage tailored to small businesses in the state.
Offering group health insurance in Wyoming can provide tax benefits for employers. Contributions made towards employee premiums are generally tax-deductible. Additionally, businesses may be eligible for tax credits under the Small Business Health Care Tax Credit. These benefits can help offset the cost of providing healthcare coverage to employees.
In Wyoming, failing to provide mandatory benefits can result in penalties such as fines and legal consequences. Employers must adhere to state regulations to avoid potential penalties for not offering required benefits to employees in compliance with Wyoming law.
In Wyoming health insurance plans, options for dental and vision coverage vary. Some plans may offer standalone dental and vision plans, while others may include these benefits as add-ons to medical coverage. It’s important to review each plan’s specifics to determine the best coverage for your needs.
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.
Todd Taylor with Taylor Benefits gives our small business the kind of personal service we need. Insurance benefits are important to our employees and Todd helps us find a balance between benefits and value. Todd responds immediately to my phone calls & e-mails. He has even gotten in touch with me on a Sunday when we were in need of coverage answers immediately. We are very pleased with the hands-on service Todd and his staff provide.”
-Ken and Linda Orvick, Orvick Management Group, Inc.
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