Get more from your group health plan with additional benefits, tax savings, and help with ACA compliance
Offering group health insurance makes more sense now than ever. Affordable health insurance ranked first in a national survey asking employees which benefits would entice them to stay at their current job. That’s hardly surprising, as health insurance premiums continue to rise. For an average family, annual premiums reached over $18,000 in 2016. Rising rates hurt employers too, as they paid almost $13,000 per family toward that coverage.
When you work with Paychex Insurance Agency, you can provide a cost-effective group health insurance program that compares with what larger companies can offer — helping you recruit and keep talented employees. And with uncertainty surrounding Affordable Care Act (ACA) requirements, we can provide compliance assistance that gives you peace of mind.
Offer employees competitive health insurance — and potentially save on taxes — with a flexible spending account (FSA), health savings account (HSA), and health reimbursement arrangement (HRA).
Help your company and employees save on taxes by offering a premium only plan (POP) and a flexible spending account (FSA) to supplement your company’s group health insurance.
We can help you determine which voluntary benefits (dental, vision, etc.) best fit the needs of your employees and your business, and then make them easier to manage.
Get support with Affordable Care Act (ACA) compliance, including employer shared responsibility (ESR) provisions that may affect your business.
Why it's smart to offer group health insurance through Paychex Insurance Agency
It’s simple to compare plans
Our licensed agents build comparisons of group health plans with the features and affordability to match the needs of your business and employees.
Start-up is a snap
We help enroll your employees, communicate with insurance carriers, and initiate payroll deductions.
Make administration easier with payroll integration
We help you gain efficiency and minimize data entry errors by integrating your group health plan with Paychex payroll through our cloud-based HCM software and service platform, Paychex Flex®.
Manage your plan online
Simplify plan management with our online health insurance administration portal and employee plan enrollment.
We deal with your carrier
We coordinate with your carrier to help ensure that all the eligible employees you wish to enroll are covered, and to help resolve any issues that may arise.
Get help with Affordable Health Care (ACA) requirements
Our group health insurance solutions help you meet the requirements of the ACA, also known as Obamacare: from coverage adequacy standards, to forms completion and submission, and updates on rule changes.
Insights and tools to keep you informed
View more insights on and other topics of interest to your business on Paychex WORX.