Affordable Health Insurance with Aetna

As a business owner, or not-for-profit, you understand the time and effort it takes to manage increasingly complex employee-related matters:

  • You want to reduce your medical and other insurance costs while still providing benefits that will enable you to retain and attract employees including those that are paid 1099 income.
  • You want to reduce your accounting costs and the time it takes to prepare your financial statements, payroll and the various employment and tax returns you file.
  • You want help in understanding and complying with various employment and labor laws.

 

AETNA HEALTH INS - about our medical insurance carrier

For the third consecutive year, Aetna is selected by FORTUNE magazine as the most admired company in the Health Care: Insurance and Managed Care category. www.Aetna.com

OUR MEDICAL PLANS
  • We offer two medical plans: a traditional PPO plan (preferred provider organization) and a PPO with an HSA (health savings account). You may choose coverage under either plan.
  • Many of our clients offer its employees the HSA plan and allow them to select the Gold plan by paying the difference in premiums. Employees pay their portion of the premium with pre-tax dollars.

 

OUR SUPPLEMENTAL BENEFITS - The details of these programs are contained in our enrollment guide.

  • Employees have the opportunity to purchase guaranteed issue, low-cost group short-and long-term disability coverage that will begin paying benefits after seven days of illness or injury to age 65+.
  • The employee may also purchase guarantee issue life insurance of up to two times pay.
  • Our health care Flexible Spending Account (FSA), under our Gold plan or Health Spending Account under our HSA plan, allows employees to save with before-tax dollars for eligible health care expenses, such as copays and deductibles, dental expenses, and vision care expenses that are not covered under the company’s medical plan. Employees may also save with pre-tax dollars for eligible child or adult dependent day care expenses under a dependent care FSA.
  • Our 401(k) plan allows employees to save up to $16,500 pre-tax in 2010 and, if they are age 50 or older, they may make an additional pre-tax catch-up contribution of up to $5,500 (these limits may change in future years).

Workers’ compensation insurance may be obtained under our plan or the company may continue its current coverage with its existing broker.