According to the Arkansas small business profile, 97.1
percent of total firms were small firms as of 2004. Women also represent roughly 27.7 percent of
the self-employed in Arkansas. Health Plan One can help you business find plans
under Aetna Health Insurance and Humana.
Enter your zip code above and select “Small Business Group” to find a
quote in your area.
Arkansas small businesses qualify for this insurance plan if
they have two to 50 full-time employees.
“Full-time” is defined in Arkansas as working at least 30 hours or more
a week, and are not seasonal employees.
At least 50 percent must be insured under the small business group
plan. The employer contributes to most
of the monthly premium where the employee pays between 16-27%. The entire group is subject to medical
underwriting depending on individuals’ health history determining one flat
premium level for each employee.
Humana offers an Employee Assistance Program (EAP), or
otherwise known as “Work-Life” Program.
With the EAP, employees can have 24/7 telephone assistance with
EAP/Work-Life Telephone Support. Three
Face-to-Face Assessments per unique issue per year as well as six face-to-face
short-term counseling sessions per unique issue per year are available within
the Multiple Face-to-Face Session plan under the EAP. This plan also includes everything under
For more information about Humana, visit our Humana
Aetna also offers small businesses Health Maintenance
Organizations Accounts (HMOs), Preferred Provider Organization Accounts (PPOs)
and Health Savings Accounts (HSAs).
HMOs are the usually the most cost-effective plan for
employers because the only cost to the plan is the monthly premium and the
copayments which are paid when the patient is treated and the premiums come out
of the paycheck. HMOs require employees
to choose in-network providers, such as doctors, specialists, or hospitals.
Before the employee receives group health insurance, s/he
may already have a family doctor in which they have used for a long time and
are loyal to. PPO plans allow the
employee to choose out-of-network care providers, but in turn pay a higher
deductible as if they were to choose an in-network care provider.
Aetna offers a Personal Health Record for employers which
prepare a complete file of each employee’s health history. This way, an employer can choose the
appropriate plan based on the needs of its employees. Before choosing a health plan, the employer
should research what their employees want out of their health insurance so they
can optimize their tax deductions. Tax
deductions are based on how much employers spend on health plans.
For more information about Aetna, visit our Aetna health
Finding the appropriate small business plan can be confusing
and may seem like a costly endeavor in today’s economy. It has been shown, however, that with a
business’ health insurance incentive, employee turnover decreases, and the
employer is able to keep and higher highly-qualified individuals to work for
them, while growing their business. The
cost of absenteeism could also be high without a company’s health insurance
plan because the employee does not have preventive care.
Call 877-567-5267 to speak with a licensed insurance
specialist to help you find the best quote for your business.