Tag Archives: employee benefits

Allstate Benefits Awards Taylor Insurance Agent 2016 Top Producer

 

Valdosta, GA – Earlier this month, Allstate Benefits awarded William Hall with the 2016 Allstate Benefits Top Producing Producer for the Southeast Territory.

William has been serving clients in South Georgia for over 20 years.  As Vice President of Sales, he is an integral part of the Taylor Insurance Services team and always has the client in mind when putting together a benefits program.

“We are extremely proud of William and his commitment to integrity and quality customer service can be seen everyday,” explained Trey Taylor, CEO and President of Taylor Insurance Services.

Taylor Insurance Services partners with voluntary and supplemental insurance carriers like Allstate Benefits to help bring their clients the best options for their employees and business. Offering a robust employee benefits program can help you recruit and retain top notch employees.

“Allstate Benefits has always provided us with cost effective options and rates. We appreciate their knowledge of the region and for being a great partner over the years, “ said Trey Taylor.

To learn more about our full SPECTRUM of employee benefit solutions for your business http://www.taylorinsuranceservices.com/

Higgs Joins Taylor Insurance Services

Valdosta, GA – Taylor Insurance Services is pleased to announce its new benefits specialist, Emily Higgs. Emily joined the Taylor Insurance team in March and comes to Taylor Insurance with three years of sales and customer services experience.

“With the addition of Higgs, Taylor Insurance is excited to broaden its reach in South Georgia and continue to provide a full SPECTRUM of employee benefits solutions and top-notch customer service to our new and established clients,” explained Trey Taylor, CEO and President of Taylor Insurance Services.

Emily will be an extension of our team to provide employee benefits support and solutions to businesses in Douglas and the surrounding areas.

“I wanted to combine my love for customer service and helping people. And, as a benefits specialist I am able to connect with people and provide them (and their employees) with services that are beneficial to everyone,” said Emily Higgs.

Emily is a graduate of Wiregrass Technical College and a native of Douglas, Georgia.  In her free time, she enjoys attending concerts, singing and spending time with her daughter.

For more information on our team and employee benefits solutions, visit www.TaylorInsuranceServices.com

 

About Taylor Insurance Services

Taylor Insurance Services is a locally owned third generation Employee Benefits Consulting and Brokerage firm headquartered in Valdosta, Georgia.  Established in 1968, we are an industry leader in employee benefits for 50 years with clients across 39 states and relationships of over 18 years. We proudly provide a full SPECTRUM of solutions for employers seeking to provide their employees with high-impact, high-quality, high-value products and services that surpass industry standards.  Taylor Insurance Services is the recipient of the 2016 Small Business of the Year Award from the Valdosta-Lowndes County Chamber of Commerce.

 

Benefit Counseling: The Key to Successful Enrollment

NOVEMBER 14, 2016 – VALDOSTA – Open enrollment can be a stressful time for employees, but companies can help ease the pain. It is important that employees understand their benefits.  Taylor Insurance Services can help companies by providing one-on-one benefit counseling leading up to the open enrollment period to help employees make the best choice for themselves, their families, their lifestyles and their budgets.  .

Research shows that HR professionals believe that individual counseling is the most effective enrollment education tool, ahead of group meetings and Web-based counseling. Other research shows that employees are typically not proactive in learning about their benefit plans, and prefer face-to-face meetings for benefits communication.

“Despite recognizing its value, many companies fail to provide a one-on-one benefit meeting for each employee due to cost.,” explains Trey Taylor, CEO and president of Taylor Insurance Services. “In most cases this can be achieved at no cost to the company if they have a benefits expert, that person could facilitate the personal meetings.”

Taylor Insurance has found that one-on-one benefit counseling can provide the following benefits for companies:

  • Actively engage employees in the benefits enrollment process.
  • Educate employees about the benefits they have, including voluntary benefits they think they might not need, or may not understand.
  • Help employees make better decisions about choosing benefits that are fitting for their lifestyle, medical health, family and budget.
  • Help employees realize what is being spent for their benefits and the value of what is provided.
  • Gain better employee appreciation for the benefits offered. This can help with retention initiatives and improve employee morale.
  • Achieve a better return on investment for their benefits programs.

For more information on benefit enrollment and counseling services and the full spectrum of solutions offered by Taylor Insurance Services visit us at www.taylorinsuranceservices.com or call us at 229-247-6411.

 

ACA Still Top Concern Among Employers

Screen Shot 2016-07-25 at 10.21.59 AMACA & the “Cadillac Tax”

Beginning in 2020, the Affordable Care Act (ACA) will levy a 40 percent excise tax on health plans that are deemed to be overly generous. This tax, also known as the “Cadillac tax,” will affect health plans that cost more than $10,200 for an individual or $27,500 for a family. The Cadillac Tax is designed to encourage companies to choose lower-cost employee health plans and to raise revenue to fund other ACA provisions.

Though the Affordable Care Act was signed into existence by President Obama six years ago, the continued rollout of associated programs and requirements still has employers nervous with regards fulfilling obligations and avoiding penalties. Compliance is a major concern for employee benefits managers, and the tension continues to mount as more limits and restrictions are placed on employers regarding what coverage may be offered..

Employee Benefit News discusses employers’ main concerns in a recent article about ACA and the future of the cadillac text.

How To Get Prepared

This recent article discusses the top ACA priority changes coming in 2017. For more information about implementing an effective employee benefits program and ensuring ACA compliance, call your Taylor Insurance Services expert today. Don’t have a Taylor Agent? We’d love to get you connected to the Power of T. Call us today at (229) 247-6411. Our knowledgeable experts are ready to help you get the most out of your employee benefits program and develop strategies that both recruit and retain top-notch talent.

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COBRA: What You Need to Know

What is COBRA Health Insurance?What is COBRA?

COBRA is a federal law that allows certain employees, spouses and dependents to temporarily continue their health coverage at group rates. This summary includes an overview of COBRA’s rules for employer-sponsored group health plans.

The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances. This chart provides an overview of key aspects of COBRA.

Who is Responsible for Premiums?

Group health plans can require qualified beneficiaries to pay for COBRA continuation coverage. In general, the maximum amount charged to qualified beneficiaries cannot exceed 102 percent of the plan’s total cost of coverage. This overview summarizes the rules for COBRA premiums, including how to determine the premium amount and payment deadlines.

COBRA Liability in Business Reorganization

Business reorganizations, such as mergers and acquisitions, often raise liability issues regarding COBRA continuation coverage. Internal Revenue Service (IRS) regulations provide detailed rules regarding the COBRA consequences of business reorganizations. This report on continuation coverage requirements provides a summary of the IRS’ rules for COBRA liability in business reorganizations.

Need to know more?

For more information about implementing an effective employee benefits program and ensuring ACA, IRS, and USDOL compliance, talk to your Taylor Insurance Services expert today. Don’t have a Taylor Agent? We’d love to get you connected to the Power of T. Call us today at (229) 247-6411 or email us at info@rtaylorins.com. Our knowledgeable experts are ready to help you get the most out of your employee benefits program and develop strategies that both recruit and retain top-notch talent.

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Save Money by Using Preventive Care Options

Major medical emergencies can cost your employees dearly in out of pocket expenses. In turn, their medical issues can mean decreased productivity for you while they receive treatment and take time to recover. How can you help your team to keep these issues and their associated expenses at bay?

Encourage preventive care. Many insurance policies, from major medical to supplemental and voluntary, offer coverage for preventive care. When employees seek routine care to prevent illness and injury, the likelihood of emergency is diminished.

For example: many dental policies cover the cost of dental cleaning, usually providing an annual cap on the allowed expense. Without routine cleaning, an employee may develop gingivitis or tooth decay and eventually need a major procedure, such as a root canal. The expense to the employee then increases drastically, and time off for the procedure and recovery become necessary.

According to the most recent study from the U.S. Department of Health & Human Services through the Centers for the Disease Control and Prevention and the National Center for Health Statistics:

In 2014, 14.9% of persons had no health care visits in the past 12 months, 49.8% had 1–3 health care visits, 23.3% had 4–9 visits, and 11.9% had 10 or more visits. Health care visits for illness, preventive care, or injury include visits to physician offices, emergency departments, clinics, or other locations, in addition to home visits made by health care professionals. In 2014, 83.0% of children aged 2–17 years, 62.0% of adults aged 18–64, and 62.4% of adults aged 65 and over had visited a dentist in the past year.

Get the full report here.

What is Preventive Care?

Where can I learn more?

For more information about how to maximize the value of your employee benefits offering, contact your Taylor agent today. Don’t have an agent? We’d love to get you connected to the power of T. Call us at (229) 247-6411 for more details. Our experts are ready to help you get the most out of your employee benefits program and develop strategies that both recruit and retain top-notch talent.

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Brexit Likely to Affect American Retirement Plans

BrexitBrexit Front and Center on World Stage

If you haven’t been following the news for the past few weeks, you may have missed one of the biggest decisions to affect the world economy in quite some time. On Friday, June 24, Great Britain announced it’s decision to exit the European Union, sparking worldwide conversation about how an exit would affect global trade and international markets. Here’s what happened.

How Will Brexit Affect Americans?

As the British and European economies shift with the decision, Americans can expect to see the ripple effect on international trade and the stock market as well as retirement plans, but experts say that saving and investing should still be a priority. A recent article from Employee Benefits News discusses how to save for retirement following Brexit.

For more information about establishing retirement plans as an employee benefit, contact your Taylor agent today. Don’t have an agent? We’d love to get you connected to the power of T. Call us at (229) 247-6411 for more details. Our experts are ready to help you get the most out of your employee benefits program and develop strategies that both recruit and retain top-notch talent.

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