According to the Iowa small business profile, 97.5 percent
of total firms were small firms as of 2004.
Women also represent roughly 36 percent of the self-employed in Iowa
Health Plan One can help you business find plans under Humana and Golden Rule. Enter your zip code above and select “Small
Business Group” to find a quote in your area.
To qualify for small business health insurance, your small
business must have between two and 50 employees who work at least 30 hours a
week to be considered full-time.
Seasonal employees are not allowed in this health insurance plan. In addition, at least 50 percent of employees
in the small business must be included in the group plan. Underwriting is allowed in Iowa, so speaking
to your employees before choosing a group health insurance plan is important to
find out the health history of all employees and want they want out of an
insurance plan. Underwriting in a small
business means that instead of premiums increasing on an individual basis based
on personal health history, there is one flat rate charged to the premium when
taking into account the health history of all employees.
Health Maintenance Organizations (HMOs) are the least
expensive option for employers. This is
usually the case because HMO plans do not allow employees to go out of network
for primary care, specialist care, or hospitals. Each carrier has a network of health care
providers in which they highly recommend for their members to use. Employees are sometimes not satisfied with
this option because they might already have a family doctor or a specialist
they are comfortable with. Preferred
Provider Organization (PPO) plans fix this problem, by allowing employees to
see health care providers out of the carrier’s network at a higher price.
Providing health insurance for your small business may seem
like a large financial responsibility, however there are benefits to giving
your employees that incentive. For one
thing, employee turnover rate decreases, and the business is able to retain and
hire your best employees, producing profit for your benefit. Other benefits include less sick days taken
by your employees because preventive care is now insured.
According to a UnitedHealthcare survey and analysis, after
the insurance of employees with consumer-driven health plans (Health Savings
Accounts), there was a 22 percent decrease in hospitalization and a 14 percent
decrease in emergency room visits.
Health Savings Accounts (HSA) encourage employees to manage their health
care money and take responsibility for their health by living a healthier
lifestyle. They have been in the market
since 2003 and follow the employee whether they switch jobs or they move to a
For more information about UnitedHealthOne insurance rates,
visit our Golden
Rule Health Insurance page.
Anthem Health Insurance offers EmployerAccess, which
provides 24/7 access for employers to add, update and edit their employee’s
accounts while viewing their benefits and allowing them to pay bills online.
For more information about Anthem’s insurance rates, visit
our Anthem Health
Call 877-567-5267 to speak with our trained health insurance
specialists and receive a quote.