According to the Maryland small business profile, 97.6
percent of total firms were small firms as of 2004. Women also represent roughly 32.9 percent of
the self-employed in Maine. Health Plan One can help your business find plans under
Aetna Health Insurance and Golden Rule.
Enter your zip code above and select “Small Business Group” to find a
quote in your area.
To qualify for a small business plan in Maryland, your
company must have between two and 50 full time employees. Full-time employees are characterized as
those who work at least 30 hours per week and who work non-seasonal. Also, at least 50 percent of the company must
be insured under the group plan. In the
state of Maryland, medical underwriting is legal. Medical underwriting for a small business
means that each employee’s health history is taken into consideration to
provide one flat rate monthly premium for the group plan, instead of increasing
the monthly rate by various amounts for each individual. Therefore, it is recommended that employers
should speak to their employees to understand their health background and asses
their needs when finding a health insurance plan. Monthly premium rates for small group plans
are tax deductible for the small business, so the amount the company gets back
in tax-credit depends on the amount the company spends on group health
Aetna provides the Personal Health Records which allows
employers to keep track of employee’s health history which includes a complete
record of all medical claims. For more
information about Aetna’s plans and rates, visit our Aetna Health
Health Maintenance Organizations (HMO) are the most
cost-effective plan for employers. HMOs
require that their members stay with-in the carrier’s network of doctors,
specialists and hospitals. While this
means that there are lower deductibles and premiums, employees are sometimes not
completely satisfied because their family doctors or specialists who they are
comfortable with are not covered within the network. Preferred Provider Organizations (PPO) allow
employees to choose their health care providers at a higher cost.
Providing health insurance to your employees may seem like
an expensive responsibility, however, there are benefits for your company. Not only does providing a health insurance
incentive to your employees create a happy working relationship, it also keeps
them healthy and improves your business.
It has been found that providing employees with health insurance
decreases employee turnover, and allows a company to maintain and retain
high-qualified employees, increasing profits for your business. Also, according to a UnitedHealthcare survey,
employees who were insured by their company and had consumer-driven health
plans (Health Savings Accounts) saw a 22 percent decrease in hospitalization
and a 14 percent decrease in emergency room visits.
For more information about UnitedHealthOne insurance rates,
visit our Golden
Rule Health Insurance page.
Call 877-567-5267 to speak with our trained health insurance
specialists and receive a quote.